Emerging project risks can impact subcontractors that have had to shoulder substantial additional costs resulting in cash-flow issues. Consequently, subcontractor default is now a major concern with 46% of subcontractors reporting cash flow as a significant challenge in 2023. This is a growing risk and there’s not enough insurance capacity to transfer it. This workshop assesses the rise of subcontractor default and the need for the market to start thinking of alternate ways for contractors, subcontractors, and the surety market to work together and tackle this rising challenge.