Name
Presentation: Understanding regional insurance variation
Description

Now more than ever major contractors are looking outside of their own regions for construction opportunities. However, this trend comes with new insurance challenges. Contractors embarking on projects away from their normal business environment must adapt their approach to risk management, and insurance procurements procedures, to reflect local requirements and practice. This has created a new dimension and potentially competitive tension that contractors are able to leverage as they develop their global insurance relationships. It allows them to test their current insurers and brokers as they seek support and solutions for the insurance needs of their projects in new regions. Cost will always be a key factor in any construction project and therefore this session will drill down further into the pure cost of insurance for contractors and how it varies across Europe.

 

Time
9:20 AM - 9:50 AM