Latent defects insurance (LDI)policies are a key product for the protection of construction projects. This LDI mini-series article focuses on two different parts. Firstly, we consider the LDI policies in further detail and provide an explanation of the cover provided and how the product operates in practice. Secondly, we will focus on the benefits, coverage … Continued
As part of the agreement, Price Forbes branding will be displayed on the pitch covers at The Cloud County Ground, as well as prominently across the front of the Tom Pearce Stand upper tier. The Price Forbes logo will also be printed on the collar of the County Championship and Vitality Blast shirts, alongside further … Continued
Introduction This is the fifth article in our series looking at TPL insurance for the construction industry. We will be looking at the cover provided under TPL policies for pollution liabilities. Historical cover for pollution liabilities Until the early 1990s, most PL policies were not restricted in relation to pollution liabilities. However, at this time the … Continued
Price Forbes has appointed Dan Nicholls to its energy leadership team, and Ray Spreadbury as head of renewables. Dan Nicholls has joined the business after 11 years at Miller, including four as head of Onshore Energy. He has experience across Midstream and Downstream Energy, Power Utility, and Renewables, as well developing alternative risk transfer and … Continued
Sarah Horler has been appointed as Price Forbes’ new Deputy Chief Executive Officer*. Sarah takes up her new role in May 2024. She joins the leadership team of Ardonagh Specialty’s insurance segment, working alongside trading CEOs Andrew Draycott, Conor Geraghty and Graham Kilby. She has spent the last 18 years at Lockton, latterly as a … Continued
Phil Johnson has been appointed as Chief Executive Designate of Asia Pacific at Price Forbes. Based in Singapore, Phil will broaden Price Forbes’ (re)insurance broking platform, working closely with the wider Ardonagh Specialty teams, linking trading throughout the region in partnership with CEO APAC Ardonagh Specialty Alex Gilmore, through London, Bermuda, Singapore and Hong Kong, … Continued
Price Forbes, part of Ardonagh Specialty, has entered the real estate and legal indemnity market with the appointment of Mark Manwaring as Managing Director of Real Estate, Craig Taylor as Executive Director of Real Estate and Dave Woolley as Executive Director of Legal Indemnities. Mark was previously Managing Director of Aon’s real estate practice where … Continued
Welcome to the fourth article in our series investigating the cover available under third party liability (TPL) polices for construction businesses. Introduction In this article we will consider a common TPL policy extension, financial loss (FL). This is commonly defined as a loss for which the insured is legally liable, that does not arise from … Continued
Introduction This is the third instalment in a series of articles, the purpose of which is to clarify the extent of cover required by construction businesses, be they main or sub-contractors, under third party liability (TPL) policies. TPL policies, sometimes referred to as public liability (PL) policies, protect contractors against liabilities arising from damage to … Continued
Introduction This is the second instalment in a series of articles, the purpose of which is to provide clarity around the extent of cover required by construction businesses, be they main or sub-contractors under third party liability (TPL) policies. TPL policies, sometimes referred to as public liability (PL) policies, protect contractors against liabilities arising from … Continued