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ARTICLE · 28 SEPTEMBER 2021

Construction / Infrastructure Update September 2021

In this edition, we outline the key drivers impacting the contraction of the professional indemnity insurance market in Ireland over the last few years.

IrelandReal Estate and Construction

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

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