Construction
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CONFERENCE: Construction Risk Management 2024
Climate change and the race to net zero, inflation, new and untested building products, geopolitics and supply chain fragilities will continue to…
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Lockton seals Jhasa deal for growth in Spanish market
Lockton has agreed a partnership with Spanish independent broker Jhasa, which specialises in construction, energy and M&A risks, to boost…
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Aon appoints head of construction and infrastructure for Asia
Vincent Banton has been appointed head of construction and infrastructure for Asia at Aon. He joins from Zurich Insurance, where…
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Tale of two markets in US construction sector
The US construction insurance market is a tale of two markets. Those areas with higher exposures are seeing capacity reductions…
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RSA Insurance appoints senior engineering underwriter
Matthew Gosling has been appointed as senior specialist underwriter – engineering, power & renewable energy in RSA Insurance’s UK speciality…
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Lloyd’s teams with Aon and VIG for Ukraine reconstruction capacity
Aon, Lloyd’s and Vienna Insurance Group (VIG) have unveiled a collaboration to provide insurance and reinsurance capacity to companies involved…
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Brokerslink adds four new affiliates in eastern Europe
Brokerslink has added four new eastern European affiliates to extend its presence in Romania, Moldova, the Czech Republic, Slovakia, Bulgaria…
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Past no longer guide to the future on weather-related construction risks
Construction risk managers and their insurers can no longer rely on historical data for climate-related risk and must instead use…
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Construction PI market still difficult but signs of stabilisation for well-managed risks
Construction professional indemnity (PI) insurance buyers that can display good risk management are seeing some market stabilisation but others still…
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Lack of data on new construction technologies still hindering transfer options
New technologies and methodologies in the construction sector are proving a challenge for insurers due to a lack of data,…
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US construction broker American Global expands into Canada
American Global, one of the largest privately held construction brokers in the US, has launched a Canadian operation. The new…
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Debate hots up on coverage for mass timber projects in Europe
A webinar will be held today by the Alliance for Sustainable Building Products (ASBP) and partners designed to push forward…
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Spanish risk managers welcome positive aspects of ESG
Spanish risk managers say that they are getting increasingly involved with the adoption of ESG principles by their companies, and…
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Berkshire Hathaway Specialty promotes two underwriting execs
Berkshire Hathaway Specialty Insurance (BHSI) has promoted Hilary Browne to the role of deputy global chief underwriting officer, and Cameron…
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Cautious optimism for North American insurance buyers, says WTW
There are signs of cautious optimism in the North American insurance market and while the economic outlook for 2023 remains…
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BI and nat cats top risks for construction sector: AGCS Barometer
Business interruption (39%), including supply chain disruption, and natural catastrophes (34%) remain the top two risks facing the construction and…
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DUAL Europe appoints HDI’s Kegel to lead new Benelux team
DUAL Europe, part of international MGA DUAL, has created a Benelux team and appointed Peter Kegel as managing director from…
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European construction buyers face tough market but signs of stabilisation
The construction insurance market remains tough for buyers in Europe but there are signs of stabilisation on the continent, according…
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Tighter global construction insurance market expected throughout 2023
While the extent of challenges faced by construction insurance buyers will vary across global geographies, WTW expects the overall marketplace…
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London market construction rates plateauing but growing scrutiny of risk
This year is expected to see continued rate stabilisation in London market construction lines, with a general plateauing across the…