In the wake of the COVID-19 pandemic, contractors must learn from the claim tendering missteps of the past and vigilantly monitor their subcontractors.
Cyber-related incidents resulting in damage to physical property have the potential to become an issue as big as data theft or ransomware in the next few years.
The construction industry has experienced its ups and downs over the past 20 years, but one thing hasn't changed: the need for builders' risk insurance.