Managing insurance risk in high-rise developments

With property prices at an all-time high in some areas of the UK, developers are looking skyward in a bid to keep up with rising demand. With new modern methods of construction emerging all the time, many offering cost and time savings during construction, those designing these new high-rise buildings are left with a lot of scope as to how to solve certain technical and design problems.

As the drive towards more sustainable, energy-efficient construction gathers pace, risks, especially around fire, may be increasing.

This article outlines the fire risks posed by the use of combustible modern construction materials/methods and highlights the importance of seeking risk management guidance on combustible materials.