News

RUL’s bespoke insurance solution for a multi-million pound London project

Renovation Underwriting, the UK leader in property renovation insurance cover, has designed a unique and bespoke policy for a £42 million rebuild cost property in London’s prestigious West End.

Renovations - Who is Responsible for Site Safety?

Now the majority of renovation sites are operational again after the Covid19 lockdown, there are additional health and safety procedures that need to be implemented to ensure workers are kept safe.

Insurance Extension Clauses – a likely outcome for a renovation project

Renovation Underwriting offer advice on expired policies or extensions, cessation of works, pre-works periods and delays in the form of articles, videos and FAQs.

Brokers – are you ready to boost the Renovation sector?

With the relaxing of the Covid lockdown restrictions, Renovation Underwriting are working closely with our Brokers to support private clients with their renovation insurance needs.

Enhancing Broker Skills with CPD (and how we can help right now)

We’re proud to be the first in the sector to provide broker training and structured live CPD sessions on core Renovation insurance principles.

Brokers & Renovators: How to maintain a safe and secure renovation site during the lockdown

Here, we look at some of the main areas of concern around safe renovations, security protection and site safety and provide guidance to both our Brokers and their clients.

Leasehold Renovations – Problems Sorted

Leasehold renovations are one of the biggest problems for brokers in the HNW market.  The extra layer of complexity they bring causes doubt and anxiety amongst brokers as they grapple with what to advise. 

I’ll cover two...

Party Wall Insurance

When is this actually required?

We are often asked to provide party wall insurance in respect of structures which are not actually attached, or even proximate to third party property. It’s a reasonable request because a good...

THE IMPORTANCE OF A FIRE RISK MANAGEMENT PLAN

We will often request that a copy of a Fire Risk Management Plan (FRMP) is sent to us to be reviewed if we agree to provide cover for a construction project.

We assess each enquiry on its own merit, and if we believe that the...

THE CHALLENGE OF WRITING LARGER RISKS

Those who have been used to presenting larger risks in this class of business won’t underestimate the task involved in placing risks where the existing structures exceed £10m or where the works represent only a small percentage of...