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There’s a palpable sense of optimism among practitioners in the Construction insurance space who see this current bull market continuing and even growing. The private construction industry, in particular, has been in an upward trajectory over the past five years — providing a great deal of opportunity to insurers.

“The construction market is booming, with total project values approaching the high-water mark set in 2007 shortly before the financial crisis,” says Rob Brewer, vice president of industry solutions at The Hanover Insurance Group. From an insurance perspective, he adds, “there is ample capacity to take on well-managed risk.”

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Joyce Anne Grabel


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