BIBA Update on Cladding Issue

The latest statement from BIBA, on the cladding issue;

BIBA has been working closely with MHCLG (Ministry of Housing Communities and Local Government) on the challenges of insurance for cladded buildings and liability attaching to the EWS1 form is a key part of this. Our 2021 Manifesto stated: ‘BIBA believes Government needs to create a new temporary PI solution to unlock the delay in making residential cladded buildings safe’.

Today’s ministerial announcement is a very positive development and we will continue to work with MHCLG to help deliver a targeted, state-backed indemnity scheme to address the continuing insurance challenges in this area’.

Todays Government announcement stated:

‘The government is aware that securing appropriate professional indemnity insurance to cover the completion of EWS1 forms is a major barrier to qualified professionals undertaking EWS1 forms. The government is therefore committing today to work towards a targeted, state-backed indemnity scheme for qualified professionals unable to obtain professional indemnity insurance for the completion of EWS1 forms.

The government will work closely with industry to design an appropriate scheme. Further details on the scheme, including eligibility and the claims process, will be provided in the coming weeks.’

 

About alastair walker 5651 Articles
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net

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