Our building insurance is going up, what can we do?

Please ask:

• the insurance provider what information they’ve seen that led them to increase the premium. Has the insurance provider been given an accurate picture of your building and the risks?
• your managing agent if they looked around and got independent quotes for insurance.
• your managing agent what, if any, additional premium has been added which is paid to either the managing agent or the freeholder. Ask if this can be removed.
• what the insurance provider said could be done to reduce risk and reduce the premium. For example, would a temporary alarm system reduce the premium? Will the premiums reduce if the remediation work is completed? Would the premium reduce if unsafe cladding is removed pending any replacement?
• or check the FCA website for the latest information given to insurers.