Construction market boom to create new opportunities for insurers
Posted On: Oct. 8, 2021 10:19 AM CSTA report commissioned by Guy Carpenter & Co. LLC and Marsh Specialty indicates that the booming global construction sector will spur growth in the construction insurance market, as new high-value, long-duration projects are built, Commercial Risk reported. A hard construction insurance market with price hikes is likely to attract new insurance capacity to the space.