At a glance
- Despite feeling the strain from the uncertainty caused by Brexit, the UK construction industry is continuing to grow
- However, with the impact of Brexit, we could see a speed towards off-site construction and robotics
- We explore some of the new innovative ways of working in the construction industry in partnership with Insurance Business
With uncertainty arising as a result of Brexit and a shortage of skilled workers in the construction industry, firms have begun to innovate turning towards technological advances such as offsite construction and the use of drones onsite. Brokers need to be aware that with ever-changing and developing technology in this sector, the associated risks will also evolve alongside these advances.
Setting aside these new evolving risks, the construction industry continues to operate within high-risk environments. The risks are myriad: working onsite, working at height, working in different environments each day, working under different supervision and direction and injury can be easy to come about. In 2016 3% of workers sustained a work related injury which contributed to 2.2million days off that year (Health and Safety Executive report).
Furthermore, those in the industry are often working on third-party sites and in premises where they are exposed to third-parties and their property. Employers’ liability insurance is a legal requirement, and most businesses will be aware of this, but they might not fully understand their potential exposure from injuring a third party or damaging their property when working on a private dwelling house or a shop. This is particularly common for smaller businesses.
Read the full article with Insurance Business.
Zurich offers broad coverage for a variety of construction businesses to ensure clients are fully protected. For small businesses of up to 15 employees, brokers can access Zurich’s Trades and Professions products through either ZTrade or Acturis. For more information contact your local Zurich Account Executive.