The construction industry has always played a central role in global economic and social development. Together with the inherent complexity and scale of construction projects, this has resulted in a continually evolving construction risk landscape.
Risks that are currently affecting the industry emanate from a wide range of factors, including the pressures caused by increasing infrastructure expenditure in the developing world, skills shortages in key sectors and technological and digital advances. Further risks have become apparent through the maintenance of complex supply chains across manifold territories each with their own social, economic, legislative and political nuances.
In an increasingly globalised world, owners, developers, financiers and construction companies are often operating across multiple territories. Consequently, construction is an industry which presents its stakeholders with a diverse catalogue of risk.
Our clients have confidence that the insurance policies we arrange for them are expertly structured, are written by experienced insurers with strong claims track records and, in the event of a loss, that our global specialty will handle the claim efficiently, with the most favourable results.