Bricks And Bytes

The Insurance Game Is Changing and You Should Be Aware


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92% of construction projects overrun their budget. And the data now says the main reasons are inside your organisation, not outside it.

This week: we tease findings from our upcoming supply chain report (the numbers will make you uncomfortable). We get an economy update from ABC's chief economist. We break down how one insurance company is cutting premiums for contractors who use construction technology, with 40-50% differences in claims data to back it up. And we unpack workforce benchmarks from 233 companies and 114,000 people that reveal what the top ENR firms are doing differently.

Three things you can action this week. No fluff.

Links and resources mentioned in this episode:

  1. Sign-up link for the Bricks & Bytes Supply Chain & Procurement Report (dropping 24th April) - https://bricks-bytes.com/downloads/procurement-report/
  2. Revizto "Bridging the Gap" 2026 Digital Design & Construction Report - https://revizto.com/resources/reports/bridging-the-gap-2026
  3. ENR article: "Data Centers, AI Drives Industry Momentum in First Quarter" (Anirban Basu Q1 forecast) - https://www.enr.com/articles/62803-data-centers-ai-drives-industry-momentum-in-first-quarter
  4. Bridgit 2026 Construction Workforce Benchmark Report - https://gobridgit.com/press/constructions-labor-shortage-is-hiding-a-deeper-problem-new-bridgit-data-from-114000-workers-shows-what-it-is/
  5. Shepherd Insurance (shepherdinsurance.com) and Justin Levine's article "The Case for Autonomous Underwriting" - https://www.shepherdinsurance.com/blog/the-case-for-autonomous-underwriting
  6. Our newsletter — link to new Beehiiv subscription page - https://bricks-bytes.beehiiv.com/
  7. LinkedIn post for this episode (for comments/engagement) (coming shortly) - https://www.linkedin.com/pulse/insurance-company-pay-you-use-procore-heres-how-can-benefit-drury-szv9e?lipi=urn%3Ali%3Apage%3Ad_flagship3_series_entity%3BS1rWDPyISRqB5K4ooAtnzQ%3D%3D

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