Miller has announced the launch of D&O Construct, a new product for the UK construction sector, designed exclusively with DUAL.
At a time when regulatory pressures in the UK construction sector are growing, Miller has worked with DUAL to design a product that offers companies broader D&O coverage and plugs the gaps in standard coverage currently offered. Created so that companies can be confident that their policy will pick up claims, D&O Construct has been designed specifically for the UK construction sector.
This new product offers nil deductibles throughout the policy, ensuring companies are not financially impacted when faced with covered claims that can amount to substantial legal and defence costs. The product goes further than others in the market by also providing coverage for claims arising out of company insolvency, corporate manslaughter claims and environmental claims.
The product is designed to support a variety of occupations across the construction sector, including architects, developers, building contractors and surveyors.
Scott Taylor, Head of Financial Institutions and D&O (International), commented: “As the UK construction sector continues to face increasing regulatory and legal pressures, I’m delighted to announce the launch of this new product which plugs the gaps left by the market’s more standard coverage. Led by our dedicated and growing D&O team, this offering further highlights Miller’s commitment to providing specialised, tailored insurance policies and working in partnership with like-minded underwriters to provide the best solution for our clients.”