Architects face more cautious underwriting following withdrawal of PII firm Wren, lawyers warn

Professional Indemnity insurance form on desk

Source: shutterstock.com

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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