Insurance and Risk Management Benchmarking Report for Construction Industry - 2010
The Indian Construction Industry has grown at an exponential rate over the past decade. Hand in hand with such rapid development comes a need to protect the companies operating in this advanced, fast moving arena. To address the needs of this sector, India Insure has undertaken various initiatives, one being the “Insurance & Risk Management Benchmarking study for the Construction Industry”.
In conducting this study, we at India Insure sought a better understanding of the challenges facing the industry, how it treats the management of risk, how it looks at insurance solutions to deal with the risk, kinds of insurance claims happening and finally the construction industry’s wish list from the insurance industry.