Heidi Carslaw, managing director, Mactavish, explores how companies can minimize risk, understand their cover and navigate their construction business insurance policies.
In instances where inflationary pressures can’t be passed on to consumers via price increases, construction companies will likely find themselves dependent on the reliability of their insurance policies to recover from their losses in the event of a claim. Failing to account for the impact of recent crises and their consequent price increases means that, those companies are at risk of possessing insufficient insurance coverage.
