From the skyrocketing price of steel, lumber, and fuel to the significantly increased cost of skilled labour, the construction industry has been hit hard by the current inflationary environment. And as the insurance market adjusts to inflation, insureds are facing higher costs for coverage.
In this episode of Marsh’s Risk in Context podcast, Richard Gurney, global head of construction within Marsh Specialty, talks to Kelly Outram, head of global contractor development at Marsh, and Gaurav Kapoor, the strategy and operations leader for global construction. They look at the different ways in which inflation is impacting the construction industry and projects and discuss actions that contractors and project owners can take to address multiple risks.
United Kingdom
Richard Gurney is the global head of construction and is responsible for developing overall strategy and service delivery on a global basis. Based in Marsh’s London office, he has extensive experience working with the construction industry and has assisted multinational clients and many of the world’s largest projects.
Kelly Outram is the head of global contractor development within Marsh Specialty. She is responsible for development strategy and coordinating teams across the globe to bring the best offering to our major clients.
Gaurav Kapoor is the global strategy and operations leader for the Construction Practice. He is responsible for implementing strategic initiatives and operational efficiencies that align with the strategic priorities for the global practice.
