Insurer Says Construction Co.'s £1.9M Claim Came Too Late

Law360, London (October 15, 2020, 5:03 PM BST) -- Arch Insurance has said a British construction company attempting to claw back £1.9 million ($2.4 million) under its professional indemnity coverage for installing faulty cladding took over three months to report the issue to the insurer, invalidating the claim.

Arch Insurance UK Ltd. said in an Oct. 6 High Court filing that Bysteel UK Ltd. told it about the claim almost 15 weeks after it became aware of a problem with the cladding it had installed on a London building.

Bysteel, which specializes in fitting metal structures, sued Arch Insurance on Sept. 9 for not paying out £1.9 million under its...

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