Category Archives: Construction

The Perils of a Professional Indemnity Exclusion in a D&O Policy

Where is the line drawn between directors and officers (D&O) insurance and professional indemnity insurance? The question is important not just for companies that purchase both forms of insurance but also for those who buy D&O insurance alone but nevertheless … Continue reading →

Marketplace Realities Spring 2016: It’s Still a Buyer’s Market, but…

Willis Tower’s Watson’s Marketplace Realities series includes line-by-line predictions for North American insurance buyers in 2016 and beyond. New Pieces in a Changing Puzzle At the macro level, the satellite view, much remains the same for insurance buyers: capacity remains … Continue reading →

Increasing professional liability limits in single architect & engineering projects

What are the options available to a design firm and owner when it comes to increasing PL limits and insuring single projects? Continue reading →

How to win the U.K. construction war for talent

After years of a recent recession and an overall economic slump in the U.K., things finally seem to be looking up. In 2014, the construction industry’s output was GBP103 billion, 6.5% of the total economy. The industry’s output rose in … Continue reading →

The Construction Talent Shortage: A Risk In Need of Management

I spoke to three construction CEOs this week and each of them confided separately that their number one concern right now is finding qualified people to do the construction that’s picked up as the Great Recession shrinks in the rearview … Continue reading →

Stepping into the Unknown: Insuring Nuclear Decommissioning

The word ‘nuclear’ has a tendency to make people uneasy. We’re still living with the remnants of the Fukushima disaster of 2011 and Germany has decided to cleanse itself from nuclear activity altogether. Thus it comes as no surprise that … Continue reading →

Smart Home Technology: A Target-Rich Environment for Hackers?

The use of smart home technology is on the rise in the modern world, and those technological advances are changing how people interact with where they live. Continue reading →

Cyber Risk in the Construction Site of the Future

cyber construction

One of the most disconcerting realities is that while the risks to cyber security will undoubtedly increase as we leverage new construction technology, the fact is that much of our current generation of technology already represent significant vulnerabilities. Moreover these … Continue reading →

Coverage Issues in the Construction Site of the Future

robot construction worker

In part one of this series, I mentioned several ways in which new technology has the potential to advance safety. For instance, as drones and other automated machinery replace certain job functions that today humans exclusively perform, this could conceivably … Continue reading →

The Construction Site of the Future Will Look Very Different–And So Will its Risks

city of future

In an industry that has historically not been known for its technological innovation, construction appears to be making up for lost time. The benefits of these advancements are potentially staggering. Continue reading →