Description
This guide outlines issues facing Pacific countries as they struggle to build resilient infrastructure and shows how proactive steps to mitigate risk including early engagement with insurers could drive the investment they need. Designed as a roadmap to help contractors and other stakeholders navigate the insurance landscape, it outlines why vulnerable Pacific countries have limited insurance market access and details how that impacts construction. Analyzing available insurance policies, the guide recommends ways to improve coverage and shows why creating a regional pooled risk facility could cut insurance costs and ramp up the infrastructure the Pacific needs to drive inclusive economic growth.
