IN THE NEWS

In an article published by Insurance Business Canada, CNA’s Rob Herron discusses how the industry is adapting to market changes in the construction space.

With capacity levels similar to those seen at the top of the last soft market cycle way back in 2019, construction insurance firms and commercial businesses have been eyeing the market closely, wondering whether or not this trend will continue.

Speaking to IB, Rob Herron, AVP, national construction leader at CNA Canada, said that while capacity is up, there’s also been a decrease in the overall rate strength within the construction segment.

For more information and personal insights, read the full feature: “Under construction: How the industry is adapting to market changes” published in Insurance Business Canada.