The construction industry is instrumental in developing sustainable solutions to the environmental challenges presented by climate change, but it is also exposed to environmental pollution risks.
Recent news stories about QBE exiting the construction bonds market has caused a bit of a stir in the bonds market, but the capacity for construction bonds remains strong.
Case study: We reviewed our client’s professional indemnity insurance (PI) for professional services because they had faced significant premium increases and restricted cover during the hard market.
The use and importance of construction trade credits increased during the prolonged financial crisis, where profits and new business opportunities have resulted in poorer cash flow for many.
The construction industry has gone through a prolonged period of unprecedented changes. Devastating events such as the Grenfell fire, the pandemic and, most recently, conflicts in Europe and the Middle East have triggered a lot of change.
