Marsh singles out industries in PI perfect storm
Marsh predicts that the UK architectural, engineering and construction sector is facing a 'perfect storm' which could leave many firms facing increasing risks at a time when the current trend of falling professional indemnity premiums rates may start to reverse.
Marsh warns that the situation is being created as a result of the impact of economic conditions on the sector, which has led to increased competition for work, larger limits of liability being placed
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