News
Kick-start the new year with our January competition! To celebrate the launch of our new Heavy Contractors Liability scheme, we are giving three wine & cheese hampers, perfect for cosy nights in, relaxed weekends or celebrating with friends. To be in with a chance of scooping this fantastic prize, simply submit a policy application that converts into a new policy during the competition period.
Plumbers, electricians, carpenters. The construction industry needs more of them – and fast. According to one report, there are already around 140,000 unfilled vacancies. By 2029, it’s estimated the sector will need an additional 47,860 workers each year to meet demand.
Love it or loathe it, AI will be coming to a construction project near you soon. It is already reshaping multiple industries and job roles with 93% of UK organisations using AI in some capacity. Adoption in construction is set to ramp up in the coming months as 39% of the industry’s decision-makers prioritise AI and machine learning as part of their innovation efforts.
Construction comes with fundamental risks that all professionals in the sector must navigate. In recent years, however, a series of economic, social and other factors have conspired to increase uncertainty; in response, construction workers say that contractors are becoming increasingly risk averse.
Sustainability has been integral to responsible construction for years. As greenhouse gas (GHG) emissions rise and the impacts of biodiversity loss become ever clearer, the construction industry continues to face up to its environmental challenges.
Exance and Focus Insurance have joined forces to deliver smarter, stronger, and more accessible construction insurance for brokers across the UK. Why? Because we believe insurance should be built around you – your clients, your challenges, your ambitions.
Reforms laid out in the new Planning and Infrastructure Bill have broadly been welcomed by the construction industry. But what is included? And when can we expect it to become law? This article looks at the key questions and how the construction sector has responded so far.
Environmental, social and governance (ESG) has been around for a long time, and the concept will certainly not be new to anyone in the construction industry. As the urgency to transition the economy towards net zero by 2050 heightens, construction contracts are increasingly including requirements relating to ESG standards.
In 2020, the Chartered Institute of Building (CIOB) published a report examining the state of mental health in construction. It found that there was a “silent mental health crisis in the industry”, with a quarter of workers saying they had suicidal thoughts.