31/08/2026
Construction risk starts before construction.
Before the first brick.
Before equipment arrives.
Before contractors mobilise.
Before the project begins.
Engineering and construction projects can involve significant exposures, from equipment and works damage to liability and business interruption.
And the industry is under pressure.
According to Statistics South Africa, construction recorded its ninth consecutive year of decline in 2025, with the industry valued at R99.1 billion in constant prices.
When margins are tight, unexpected losses matter even more.
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