Fire Safety Reinsurance Facility
Fire Safety Reinsurance Facility
McGill and Partners and the ABI have launched a Fire Safety Reinsurance Facility to help improve the availability of insurance for higher-risk residential buildings awaiting work to fix fire safety issues. The Facility is intended to be in place for between three and five years whilst remediation takes place. After that time, buildings should be safer, and the Facility would no longer be needed. Further information can be found on this website to help answer questions for leaseholders, for freeholders or property managing agents responsible for taking out the building insurance policy and for the wider insurance industry.
CLADDING
FIRE SAFETY
HIGHER-RISK BUILDINGS
INSURANCE
RESIDENTIAL PROPERTY
McGill and Partners and the ABI have launched a Fire Safety Reinsurance Facility to help improve the availability of insurance for higher-risk residential buildings awaiting work to fix fire safety issues. The Facility is intended to be in place for between three and five years whilst remediation takes place. After that time, buildings should be safer, and the Facility would no longer be needed. Further information can be found on this website to help answer questions for leaseholders, for freeholders or property managing agents responsible for taking out the building insurance policy and for the wider insurance industry.
CLADDING
FIRE SAFETY
HIGHER-RISK BUILDINGS
INSURANCE
RESIDENTIAL PROPERTY