“Homes ‘Unaffordable’ in 99% of Nation for Average American”… This is a CBS News headline for a topic that has everyone—from politicians to property developers—highly concerned.

Matt Barber of PCF Insurance offers a guide to two types of commercial construction insurance, and when each makes the most sense.

The construction industry is a complex ecosystem with various stakeholders—each facing unique challenges, particularly when it comes to insurance needs.

In an industry with low project margins, a high level of unpredictability, and fierce competition (both domestic and international), it does not take much to turn a profitable project into a loss-making project, putting the whole business at risk.

There is a growing recognition that aside from fall risks, another invisible construction jobsite danger is mental health disorders.

Firms in the construction and engineering industry deliver complex, high-value projects for exceedingly small profit margins.

nPlan's AI project risk management is being used on an $11-billion UK rail program. The company is looking to eventually replace traditional construction risk-prediction methods.  

As the current pipeline of infrastructure projects becomes larger and ever more complex, contractors are making increasingly risky bets that projects will be delivered on time and on budget. In the last year alone, we've witnessed two global contractors either file for creditor protection or go into liquidation.