Product overview: Construction and engineering

Major infrastructure projects such as HS2 and Hinkley Point C coupled with the UK’s constant demand for housing, mean the construction and engineering sector is a significant part of the UK economy. But, after many years of a soft insurance market, it’s facing challenges as insurers adjust their appetites following a series of large losses in the last five years. 

“The last few years have been more of a challenge,” says Stephen Ward, director at RAW Insurance Brokers. “Rates and deductibles have