Commercial construction activity continues to show signs of positivity with residential work gaining momentum, supported by the new Labour government’s ambitious housing targets.
Whilst growth expectations remain cautiously optimistic for the months ahead, UK construction appears to have turned a corner as we commence 2025.
Designed for brokers, this report considers the key trends that are influencing the market’s prospects and impacting construction insurance risks, from the small tool theft epidemic to the technologies leading the sector’s digital transformation to deliver vital productivity gains.
Topics covered include:
• Increased tool theft and demand for more comprehensive insurance.
• UK tool theft hotspots.
• Increased investment in security technologies.
• Plant and equipment loss prevention insights.
• Managing construction-related risks associated with sustainable initiatives.
• Building information modelling.
• Modern methods of construction.