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Construction firms could face insurance cover cuts

Posted On: Aug. 7, 2020 8:16 AM CST

Construction Risk

 

U.K.-based outsourced insurance buyer Mactavish Group said that construction companies should expect considerable erosion in the quality and extent of insurance cover offered following the COVID-19 pandemic, New Civil Engineer reported. The changes made by some companies to their operations in response to the pandemic could result in current insurance policies not paying in the event of a claim.

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