Construction and design industry buyers continue to face a dynamic but sometimes challenging insurance market at the start of this year. Although conditions in several important lines are expected to remain stable in 2024, owing in part to strong capacity and a desire by insurers to compete, rate pressure is persisting in some lines, and underwriters are closely monitoring individual insureds’ risk profiles along with broader macroeconomic and weather trends.

Explore Lockton’s 2024 Construction & Design Market Outlook for more on the state of the insurance market and guidance you can use to effectively manage risk and insurance programs in 2024.

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