The Insurance Game Is Changing and You Should Be Aware
92% of construction projects overrun their budget. And the data now says the main reasons are inside your organisation, not outside it.This week: we tease findings from our upcoming supply chain report (the numbers will make you...
92% of construction projects overrun their budget. And the data now shows that the primary reasons come from within organisations rather than external factors.
Episode Overview
This episode highlights key findings from the upcoming Bricks & Bytes Supply Chain & Procurement Report, revealing challenging data about project overruns. It features an economic update from ABC's chief economist and explores how Shepherd Insurance is reducing premiums by up to 50% for contractors adopting construction technology. Additionally, it examines workforce benchmarks based on data from 233 companies and 114,000 workers, showcasing practices of leading ENR firms.
Key Topics Covered
- Insights from the Bricks & Bytes Supply Chain & Procurement Report
- Construction economy outlook from ABC's chief economist
- Insurance premium reductions linked to use of construction technology
- Workforce benchmarks from leading ENR construction firms
Resources and Links
Bricks & Bytes Supply Chain & Procurement Report (April 24th)
Revizto 2026 Digital Design & Construction Report
ENR: Data Centers and AI Industry Momentum (Q1 Forecast)
Bridgit 2026 Construction Workforce Benchmark Report
Shepherd Insurance: The Case for Autonomous Underwriting
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