Griffiths & Armour Europe DAC PII

safety. That is a critical factor and something bordering on a ‘public good’ given the support it gives to those remediating dangerous buildings. But any effective PI policy is about more than the cover afforded for fire safety. It is a question of trying to achieve the right balance between a number of factors, including: The ability of the insurer to pay claims and their longer-term commitment to this class of business. The breadth of cover afforded under the policy wording for everything else. The premium charged. The cover provided for fire safety risks and how that stacks up when measured against perceived or actual exposures of any individual client. For us, there is the additional factor of the insurer’s willingness to sign up to our unique service proposition, that has proven to reliably support our clients for 70 years. With all of that in mind, we are pleased to confirm that insurers are continuing to follow the course they began taking in 2020. As a result, the majority of our clients will continue to benefit from cover for ‘Fire Safety Notifications’ on an aggregate, costs inclusive basis with the uninsured excess applicable to costs. any aspect of the fire safety or fire performance of a building or structure will benefit from a single aggregate limit of indemnity only with the uninsured excess applying to costs. – For those clients who have inner limits of indemnity, special excess provisions or outright exclusions, those will remain, but any ‘bespoke’ wording will generally be no wider than that outlined above. In delivering this, we are sorry to have lost several of our insurance partners because of their inability to support this refined extent of cover, but we certainly don’t apologise for securing cover that allows our clients to be able to continue to work in these areas. The test for us is whether the approach being adopted by insurers is reasonable and proportionate. One which enables insurers to protect their position to some degree across their business, whilst still providing significant protection in this area and preserving the other crucial – This means that any losses or costs directly or indirectly relating to: the combustibility or fire performance of cladding or roofing systems; any internal fire protection systems; and