Mass Timber Construction Podcast Special Guests - Marcus Saunders and Jake Concannon - Global Mass Timber Insurance

Insurance is such an important part of any construction project;
from building phase through to completion insurance provides a
level of comfort in the protection of an asset. In this episode
we talk with Marcus Saunders and Jake Concannon  from
Gallagher a global insurance broker who are creating awareness
and education about mass timber through the insurance
sector.  Gallagher is a full-service insurance broker and
risk management advisor working together with businesses of all
shapes and sizes. The keys to the approach are,
understanding  testing and performance of systems, early
engagement in the design phase to support understanding of the
building process which allows for the calibration of premiums and
to mitigate prejudice. 

We discuss insurance as a passports for buildings, and look at
the recent success that Arthur J. Gallagher insurance has had
working with AXA XL and insurance for mass timber in North
America.  We explore some of the barriers, and how to
overcome them, in particular the approach government and
regulators take in assessing mass timber, and explore a
registration of buildings around the world to assess the risk of
the buildings at a global level to make more informed decisions
about premiums.  

We also discuss the formation of  Global 20 (G20) of
countries to participate in an international collaboration for
insurance and construction as an inter-dependant objective group
reviewing the risks in construction and providing authoritative
information to insurance providers. Jake talks about his
association with Gary Kaplan and the progress on AXA XL insurance
project and the release of a market-appropriate  insurance
product. Marcus explains his passion for timber and timber
construction and what drives his passion for he
sector. 

A very important episode of the mass timber construction podcast,
please enjoy the conversation with Marcus and Jake, as they seek
to support industry and invite you to work with them in
transforming the insurance sector in garnering greater acceptance
of mass timber as mainstream. 

Production by Deeelicious Beats 
Music "Game Play" by Quality Quest
Podcast is a Mass Timber Construction Journal
Production 
www.masstimberconstruction.com 



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