Modern construction ’risks can sit somewhere between a traditional contracting risk and a technology firm’, says underwriting manager
Risks related to the increased use of technology are becoming increasingly prevalent in the construction sector, prompting insurers and brokers to update the way they provide insurance products to the sector.
The construction sector, and contractors especially, are increasingly making use of software systems, building design programmes and hardware – such as drones – in day-to-day operations.
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