BIBA welcomes progress with announcement on design of a new scheme for cladded buildings
10th February 2021
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.’
- View the full Government press statement.
- View the BIBA manifesto section 4.1
- For further information please contact:
BIBA press office:
Pam Quinn, Head of Communications
020 7397 0223
Leighann Forsyth, Deputy Head of Communications
020 7397 0224
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- About the British Insurance Brokers’ Association
The British Insurance Brokers’ Association (BIBA) is the UK’s leading general insurance intermediary organisation representing the interests of insurance brokers, intermediaries and their customers.
BIBA membership includes around 1800 regulated firms, employing more than 100,000 staff. General insurance brokers contribute 1% of GDP to the UK economy; they arrange 67% of all general insurance with a premium totalling £65.1bn and 81% of all commercial insurance business. Insurance brokers put their customers’ interests first, providing advice, access to suitable insurance protection and risk management.
BIBA receives hundreds of thousands of enquiries per year to its Find Insurance services, online and via the telephone which are directed to member insurance broking firms.
BIBA is the voice of the sector advising members, the regulators, consumer bodies and other stakeholders on key insurance issues.