Construction sector challenges and trends

The construction industry is facing a critical turning point in 2025, with rising insolvencies, labour shortages, and increasing regulatory complexities placing immense pressure on businesses. From extreme weather events to contractual disputes and safety risks, the challenges are mounting—and brokers must stay ahead to provide the right solutions. Understanding these evolving risks is key to ensuring your clients are adequately protected in an unpredictable market. In this episode of IB Talk, we sit down with Kishan Dasan, General Manager of MECON Insurance, and Elise Pretto, Regional Manager of MECON Insurance, to break down the most pressing construction sector challenges and explore the insurance strategies that can help brokers and their clients navigate the shifting landscape. Tune in to hear all about: - The top five challenges facing the construction industry in 2025 - How climate-related risks are reshaping insurance needs and impacting project timelines - Why contractual disputes are on the rise—and how to help clients avoid costly legal battles - The growing role of MGAs and authorised representatives in the insurance landscape Don’t miss this essential conversation for insurance professionals looking to stay competitive in 2025. Tune in now to gain the insights you need to help your clients navigate an increasingly complex construction sector.