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2025 construction insurance risks report

Commercial construction activity continues to show signs of positivity with residential work gaining momentum, supported by the new Labour government’s ambitious housing targets.

Whilst growth expectations remain cautiously optimistic for the months ahead, UK construction appears to have turned a corner as we commence 2025.

Designed for brokers, this report considers the key trends that are influencing the market’s prospects and impacting construction insurance risks, from the small tool theft epidemic to the technologies leading the sector’s digital transformation to deliver vital productivity gains.

Topics covered include:
• Increased tool theft and demand for more comprehensive insurance.
UK tool theft hotspots.
• Increased investment in security technologies.
• Plant and equipment loss prevention insights.
• Managing construction-related risks associated with sustainable initiatives.
• Building information modelling.
• Modern methods of construction.

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Podcast: Construction theft - contractors' small tools and equipment

HSB's John Nicholls and Jamie Talbot explore the rising impact of small tools and equipment theft in the construction industry, how they affect construction customers' bottom line, and what preventative measures and industry best practices they can take or follow to mitigate the risk of theft.

Spotlight: Emerging risks in the property sector

The property sector faces long-established risks from storms and floods to subsidence and fires. However, new risks are constantly emerging and the insurance industry must ensure customers are aware and prepared to face them.

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