The construction market continues to grow despite economic uncertainty in Europe and worldwide and offers the insurance and reinsurance market good growth opportunities that it is keen to tap.

But construction projects are increasingly complex and can lead to unexpected losses and liabilities.

All parties involved in these projects need to work hard and preferably in unison to ensure that responsibilities and liabilities are fairly shared, transparently discussed and the potential for dispute minimised.

Risk managers in this sector need to be aware of the risks they are really facing, how to accurately and comprehensively identify and measure them, how to most effectively manage them and, above all, transfer them in a cost-effective manner.

They also, ultimately, need to make sure the programmes they build actually deliver when the inevitable losses occur.

Commercial Risk and Airmic will hold the first Global Construction Risk & Insurance Conference in London on 11 September 2018 to gather an expert group to discuss these key topics and identify the solutions that the construction market need to ensure they are on top of these risks.