233 words…about a minute read

What’s new: In this Industry Insight episode of the On Aon podcast, Aon construction leaders explore the scale, complexity and opportunity shaping the global construction sector today. The discussion examines how construction is driving global economic growth, with spending projected to rise sharply through 2030, while also creating new demands on Risk Capital and Human Capital.

The conversation focuses on how construction organizations can manage increasing costs, supply‑chain pressures and insurance complexity, while also addressing persistent talent shortages, technological change and safety challenges.

Experts in this episode:

• Tariq Taherbhai, Chief Commercial Officer, Construction and Infrastructure, Aon
• James MacNeal, Global Industry Specialty Leader, Construction and Infrastructure, Aon

Key Takeaways:

1. Construction is a critical engine of global economic growth, accounting for trillions in annual spend and employing hundreds of millions of people worldwide. Continued investment in data centers, power and critical infrastructure is set to drive growth for years to come.
2. As projects grow larger and financing structures evolve, risk management has become a leadership discipline rather than a technical exercise. Advanced approaches to natural catastrophe exposure, project delay risk and capital allocation help organizations protect balance sheets and keep complex projects on track.
3. Human Capital is emerging as a strategic differentiator. Talent shortages and rising technical demands mean workforce capability, safety and upskilling are essential inputs to growth — not just downstream considerations.

Listen for more: The “On Aon” podcast is available on Spotify, Simplecast and Apple Podcasts (iTunes)