CONSTRUCTION & ENGINEERING:
The stakes are high
When disaster strikes in the construction and engineering sector, it can be catastrophic, as we have seen in the recent building collapse in George.
The human tragedy that is unfolding there is unimaginable, with a death toll standing at 30 at the time of writing, and scores more seriously injured, the fall out is wide and devastating.
It all starts with risk management, during the planning phase, when preparing the site and employees for the project and managing the project as it proceeds.
Construction and engineering insurance specialists and risk managers should be part of the project right from the word go,
ensuring all participants, from the developer and contractors to the
employees, financiers and insurers, are protected against the multitude of risks facing these types of projects.
The variety of contributions to our feature this months is an indication of the broadness of the risk landscape, illustrating the need for specialist advice and insurance products, all of which the
industry offers.
Tony van Niekerk, Editor-in-chief, COVER
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