Solution announced to PI insurance cladding crisis
Master Builders is pleased the government has heeded our calls for a change in the rules for licensing building certifiers. The Minister announced this week that building certifiers will be allowed to have an exclusion on their professional indemnity insurance for combustible cladding.
3 July 2019
Growing crisis for Building Certification
The ongoing cladding problem brought on by building fires around the world, particularly London’s Grenfell and in Australia, Melbourne’s Lacrosse has highlighted the risk to insurers in the professional indemnity (PI) policies they carry. As a result, building certifiers everywhere are facing challenges when it comes time to renew their policies.
30 May 2019