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How are modern methods of construction affecting your clients’ insurance needs?
What’s the challenge?
Being a relatively recent development means there are questions over the longevity of some modern methods of construction (MMC) materials. It’s unknown how they’ll withstand the effects of flooding, escape of water and fire damage, for example, or even how they’ll be affected by general wear and tear over the years.
This is why insurers are increasingly asking for greater detail when it comes to MMC, so we can gain a full understanding of a building’s construction and build an accurate picture of the risk exposure.
PRS is a member of the British Insurance Brokers Association (BIBA), the UKs leading general insurance intermediary organisation.
Pinner Risk Solutions. Ground Floor, College House, 17 King Edwards Road, Ruislip, Middlesex, HA4 7AE. PRS and Pinner Risk Solutions are trading names of James Hallam Ltd which is a limited company registered in England and Wales. Registered number: 01632840. Registered Office: 156 South Street, Dorking, Surrey, RH4 2HF. Authorised and regulated by the Financial Conduct Authority Firm number 134435. © Copyright Pinner Risk Solutions 2018.