Construction
Construction insurance and risk management for multinational companies
Material shortages, longer lead times, and cost volatility continue to affect project delivery across the sector. Pressure across raw materials, labor, and insurance can make planning difficult and margins harder to protect. Managing these risks requires greater visibility across suppliers, timelines, and project dependencies.
Construction sites carry a wide range of exposures. Equipment damage, theft, environmental incidents, and temporary works failures involving scaffolding, shoring, or cranes can create significant disruption. Combined with project-specific liability and contractual obligations, operational risk can quickly become financial risk.
Labor shortages remain a major challenge across the sector, particularly where specialist technical skills are needed. At the same time, businesses are managing evolving safety standards, environmental regulations, permitting requirements, and compliance expectations across multiple markets.
As environmental regulations and ESG expectations continue to evolve, construction businesses are balancing sustainability goals with operational demands. From sustainable materials and erosion control to pollution and environmental liability, managing environmental risk is becoming an increasingly important part of project delivery.
Investment in transportation, utilities, renewable energy, and major infrastructure is creating new opportunities across the construction supply chain. As projects increase in size and complexity, businesses need risk solutions that can scale alongside growth.
Modular and offsite construction are changing how projects are designed and delivered. As more work moves into controlled manufacturing-style environments, businesses are rethinking efficiency, operations, and how risk is managed across the build process.
Competition for skilled labor is driving greater investment in employee benefits, wellbeing programs, and workplace safety. For many construction businesses, attracting and retaining talent is now a strategic priority alongside delivering projects successfully.
We understand the complexity of construction risk and the pace the industry operates at. Our brokers provide specialist local insight and tailored risk management solutions designed around the realities of construction, helping multinationals protect projects, manage evolving exposures, support their workforce, and build with confidence across every market they operate in.
Whether you're delivering a local development or managing projects across multiple countries, WBN combines local expertise with global coordination to help protect every stage of the build.
— Property and Builders Risk
— General and Excess Liability
— Workers’ Compensation
— Contractor’s Equipment and Inland Marine
— Commercial Auto
— Business Interruption
— Environmental Liability
— Cyber Liability
— Medical Programs
— Disability (short and long term)
— Life Insurance
— Employee Safety Programs
— Wellness Programs
— Mental Health Services
— Financial Wellbeing and Retirement Solutions