As climate change accelerates, extreme weather events — heavy rainfall, flooding and storms — are becoming more frequent and severe, posing significant risks to construction projects. For insurers and claims professionals, this evolving landscape brings increased complexity in assessing and managing losses under Contractor’s All Risk (CAR) policies.
This workshop will examine how CAR policies respond to weather-related damage, with a particular focus on clauses related to event intensity and the adequacy of preventive measures taken by project stakeholders. Using real-life case studies, we will highlight key challenges that arise during claims handling — from defining the threshold of an ‘exceptional’ weather event to evaluating the contractor’s preparedness.