iua – IUA SURVEY SHOWS CAUTIOUS SUPPORT FOR BUILDING RECLADDING BUT URGES CONSTRUCTION SECTOR TO DO MORE

Insurers have revealed a cautious willingness to underwrite fire safety risks on new projects to remove defective cladding from high rise buildings. Around two thirds of respondents to a survey by the International Underwriting Association (IUA) stated they would provide a limited form of cover, whilst a further 4% are happy to offer unrestricted protection.