The construction industry is a sector that shapes the very fabric of UK life through its involvement in residential, commercial, industrial, and infrastructure projects. At Konsileo, we understand the diverse needs of the construction industry and offer tailored insurance solutions to protect your business, machinery, and people.
Construction projects involve numerous risks, from accidents on-site to damage to materials and machinery. Our commercial construction insurance is specifically designed to mitigate these risks and safeguard your operations. We offer comprehensive coverage options that combine specialist cover for construction works and materials with insurance for buildings, business interruption, and liabilities.
Depending on the nature of your projects—whether permanent or temporary—you may require different types of coverage. Our team of expert brokers will work closely with you to understand your unique requirements and tailor insurance packages accordingly. Contact us today to explore the insurance options available to protect your construction business.
The construction sector in the UK is poised for significant growth, with over £600 billion of sector spending forecasted in the next decade. The government’s commitment to the industry is evident through the Construction Sector Deal, which includes a £725 million investment from the new Industrial Strategy Challenge Fund. This strategic partnership aims to foster innovation in the construction sector, focusing on tackling grand challenges in areas such as artificial intelligence, data economy, future mobility, clean growth, and an ageing society.
In 2019, the construction sector accounted for approximately 6% of the GDP (£130 billion) and played a crucial role in driving economic growth and employment. With 2.9 million people employed in the industry, the sector also contributed £8 billion in exported products and services. Despite the challenges posed by the pandemic, the construction industry is expected to experience an average growth rate of 3% between 2022 and 2025.
Effective risk management is vital for construction businesses to navigate the complex challenges they face. At Konsileo, we are chartered commercial insurance brokers with extensive expertise in providing risk management solutions for the construction sector. Our dedicated team understands the intricacies of the industry and can offer tailored advice and insurance coverage to mitigate risks and protect your business.
With Konsileo as your trusted partner, you can rest assured that your construction business is in safe hands. Our transparent risk management approach, coupled with our industry expertise, allows us to provide bespoke insurance solutions that meet your specific needs.
Managing your insurance coverage should be seamless and hassle-free. That’s why we offer an advanced insurance platform and dashboard that provide a user-friendly interface to access all your policies, track claims, and review coverage details. Our centralised system streamlines the insurance management process, allowing you to focus on your core responsibilities without the added administrative burden.
Partner with Konsileo for expert insurance services, innovative risk management solutions, and a hassle-free insurance experience tailored to the unique needs of the construction sector.
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