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What’s new: As the construction industry navigates emerging risks and evolving opportunities, this episode explores how these dynamics are reshaping insurance and surety strategies worldwide. We also unpack the latest insights from Aon’s 2025 Global Construction Insurance and Surety Market Report, offering expert perspectives on market trends, regional dynamics and strategic recommendations for navigating today’s complex risk environment.

Aon 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:

• North America remains the strongest surety market, driven by public infrastructure and inflation-driven growth.
• High-tech manufacturing projects, such as data centers, are a major global growth driver for construction insurance and surety markets. 
• APAC markets, especially India and China, are rapidly maturing, with increased use of commercial and construction guarantees. 
• Construction companies are advised to start early in the insurance placement process and carefully evaluate contract structures to avoid coverage gaps and delays.

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