Construction
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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…
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HDI launches weather forecasting service for construction risk managers
HDI Risk Consulting, the subsidiary of HDI Global, has developed a joint solution with Vienna-based weather forecasting firm the Institute…
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Sedgwick appoints head of construction adjusting team in Australia
Andre Mataia has been named as head of Sedgwick’s construction adjusting team in Australia. He has more than 22 years…
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Construction inflation raises risk of under-insurance in UK, says Chaucer
Continuing high inflation for UK and global construction costs risks leaving businesses and homes underinsured for fire or another catastrophic…
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AGCS names AIG’s Browne CUO for specialty
Allianz Global Corporate & Specialty (AGCS) has appointed Gordon Browne as global head of specialty from AIG. Browne will report…
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Construction Risk Management conference returns as buyers demand more support from carriers
Commercial Risk is holding its fourth annual Construction Risk Management conference in Europe this June at a vital time for…
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UK construction profits hit by supply chain woes
Three in five (59%) UK construction companies hit by supply chain issues over the past year have seen once profitable…
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KPMG settles Carillion audit negligence lawsuit
KPMG and the liquidator for collapsed building firm Carillion have settled a lawsuit that sought to claim £1.3bn from the…
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Travelers launches technology solutions platform for US construction firms
Travelers in the US has launched an online platform providing construction customers with access to industry insights and a curated…
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AXA XL predicts ‘firm’ market with higher rates but steady capacity
AXA XL expects the commercial insurance market to firm over the coming months for most short tail risks, with rates…
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Construction firms need insurance capacity for innovation
Construction companies are under pressure to clean up their act but some are finding out that materials and methods deployed…