New and emerging technologies are presenting the construction industry with a broad range of transformative opportunities for enhanced business growth, operational efficiencies, and much more. However, with these new opportunities come new challenges and risks.
The continued integration of new products, practices and processes will see construction industry business’ risk profiles evolve over time. As they do, risk adaptation and mitigation measures should also respond in turn.
Below we have collated some initial Marsh Construction content exploring some of these new advancements and their associated risks with more on its way.
We continue to work with tech developers, suppliers, and insurers to find ways to support construction companies manage and mitigate their risks.