Insurers Join Fire Safety Group After Deadly Grenfell Blaze
Law360, London (October 23, 2019, 3:07 PM BST) -- British insurers will join forces with construction companies, governments and regulators to set up a new working group to rethink the way fire safety risk is assessed in the wake of the Grenfell tower block fire, in which 72 people lost their lives, an underwriters' association said Wednesday.
The group will be made up of underwriters that offer professional indemnity insurance to the construction industry, the International Underwriters Association, known as IUA, said. It will aim to create a “joined-up” approach to risk assessment by bringing different parts of the sector together to toughen fire safety standards after a blaze tore...
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