Willis report reveals construction sector challenged by uptick in data centers for AI while facing labor shortages
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The Willis Global Construction Rate Trend Report reveals a significant surge in data center projects driven by AI technological advancement, while simultaneously highlighting critical labor shortages across North America, Europe, Latin America, and Asia. The construction sector faces escalating material costs, increased insurance premiums, and potential quality risks due to workforce constraints.
March 24, 2025 | 9:45 am
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WTW's report provides critical insights into the construction insurance market, emphasizing data center growth, labor challenges, and insurance market adaptations.
As the author of the report and a key player in the construction insurance market, WTW is directly benefiting from providing insights and solutions to emerging industry challenges.
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