Welcome to the latest issue of Constructive Insight, an insurance market report on the global trends in the worldwide construction insurance markets.
JLT’s global team of construction specialists discuss how in all regions, across almost all lines of business, insurers continue to compete for market share.
With the continued development of local insurance markets, understanding of the strengths (and possible limitations) of locally available capacity and coverage ensures we continue to be ideally positioned to design and deliver the best risk transfer strategy for our clients globally.
In addition we look at a case study which considers the benefits of taking a global approach to insurance placement. As companies continue to look for business opportunities abroad savvy insurance buyers are considering how to optimise their insurance spends on a global level. The case study looks at the outcomes for one of our clients.
Finally we discuss the potential impact of cyber risks on the construction industry and what options are available for clients.
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For further information, please contact Alistair Urquhart, Global Construction Placement Leader on +44 (0)20 7558 3323