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Architects face more cautious underwriting following withdrawal of PII firm Wren, lawyers warn
Wren Insurance Association said last week it will end renewal offers following high volume of cladding claims
Architects face “immediate uncertainty” following the withdrawal of a major insurance provider from the market, a construction law firm has warned.
Trowers & Hamlins said practices could be landed with more cautious underwriting, exclusions and narrower protections on projects as a result of the Wren Insurance Association’s decision to pull the plug on underwriting new insurance business.
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