As the UK economy continues to strengthen, construction is one of the key commercial sectors that will see large increases in both the value and volume of work commissioned.
The way in which that work is carried out in both the design and construction phases of a project is undergoing substantial change. In particular the increased uptake of Building Information Modelling (BIM) and the more prevalent use of Modern Methods of Construction (MMC) are dramatically evolving how the sector operates.
As these new techniques come to the fore, they are already changing the risk profile of individual companies and the scale and scope of the liabilities they bear.
Helping construction clients understand these changes is now a key function for brokers and will become even more important in the months ahead.
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