Introduction
In this edition, we outline the key drivers impacting the
contraction of the professional indemnity insurance market in
Ireland over the last few years. We also take a closer look at
recent adjudication cases focussed on the right to counterclaim and
the binding nature of an adjudicator's decision. Finally, we
explore the function of The Office of the Planning Regulator (the
"OPR") and its work so far.
Professional Indemnity Insurance: the drivers behind
contraction of the market
The professional indemnity insurance market in Ireland has
considerably contracted over the last few years. Now more than
ever, the construction world is feeling the effects of this and
made worse by the burden facing the sector due to the COVID-19
pandemic. The difficulty in obtaining or renewing professional
indemnity insurance is an uphill struggle faced not only by
employers and parties with design responsibility, but also third
party project stakeholders such as