Gallagher: Double-digit premium increases, cyber risk and labor shortages plague construction industry
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Gallagher: Double-digit premium increases, cyber risk and labor shortages plague construction industry

Eli Rallo
July 29, 2021
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Gallagher logo construction site.jpg

As carriers tighten underwriting standards to include new exclusions and industry premiums zoom by double-digits, the construction industry’s post-Covid market conditions continue to harden.

In its “Top 5 Mid-Year 2021 Construction Industry Trends” report, Gallagher found that trends noted at the beginning of 2021 are both continuing and evolving, suggesting a need for contractors, brokers and insurers to adjust their processes.

Gallagher

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NewsConstructionAJ Gallagher
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Eli Rallo
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