AXA welcomes building safety standards legislation promised in Queen’s speech
The promised laws to implement new building safety standards, as outlined in the Queen’s Speech yesterday, have been welcomed by Douglas Barnett, director of mid-market and customer risk management at AXA Insurance.
Learning lessons from the Grenfell Tower fire, the aim is to put in place new and modernised regulatory regimes for building safety and construction products, ensuring residents have a stronger voice in the system. The legislation will set out a new safety framework for high-rise residential buildings, taking forward the recommendations from Dame Judith Hackitt’s independent review into the disaster.
"AXA welcomes the government's focus on building safety standards in the Queen's Speech as it could bring significant and needed safety improvements,” said Barnett. “For too long there has been inconsistency in this area and we hope that this legislation will be made a priority so people can feel safe in their homes. As the government works on the details of this new law, we hope ministers will consider the proposals we’ve submitted in the recent consultation on building safety regulations.
“Fire risk assessors should hold appropriate third-party certification. Future safety regulations should apply to residential buildings of 18 metres or more (and not just from 30 metres), as well as any building housing vulnerable people. Communication with residents should be free of jargon. And implementation of safety measures should be enforced across the entire life span of buildings.”
Get all the latest re/insurance industry news with our daily newsletter - sign up here.
Ransomware claims on the rise in 2019, finds Chubb
Shares in BP Marsh rise as insurance investments pay off
Majority of insurtech start-ups will fail, says Starr Insurance Greenberg
Voce slams culture of ‘entrenchment and failed oversight’ at Argo
Gallagher acquires Florida-based Doyle Group to 'target important customer segment'
IFTRIP conference looks at ways of covering terrorism risks
Accenture life insurance and annuity platform is 'top scorer', finds report
Peter Welton promoted to AXA XL UK head of energy
AXA makes key changes in AXA IM’s leadership
Dan Houston elected ACLI chairman
Feature: 10 ways insurers are using insurtech to drive new business
Already registered?
Login to your account
If you don't have a login or your access has expired, you will need to purchase a subscription to gain access to this article, including all our online content.
For more information on individual annual subscriptions for full paid access and corporate subscription options please contact us.
To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.
For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk
Editor's picks
Editor's picks
More articles
Copyright © intelligentinsurer.com 2024 | Headless Content Management with Blaze