Allianz ranks top emerging liability trends for engineering firms

Architects and engineers face greater scrutiny over building and fire safety defects. A report notes that over the past 20+ years Allianz Global Corporate & Specialty (AGCS) has processed and handled over 90,000 PI claims globally with a total value of €2.2bn. Analysis shows that for large losses (€1mn+ claims only), solicitors/lawyers are most impacted (30%), followed by construction professionals (27%). Architects and engineers face greater scrutiny over building and fire safety defects. A lawyer’s untrained use of artificial intellige…