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Despite improved risk management, tool theft remains a significant issue in the construction sector
Published on 3 October, 2025
Despite improvements in risk management advice and solutions, tool theft remains an ongoing issue for the construction sector and those who work within it.
In their informative piece, Insurance Post talks to the underwriters in the market, including Markel’s head of construction, Martin Parker. The extent of the challenge, the market’s view on insuring tool theft, and risk management advice—such as tracking and marking tools—are all discussed.
As a construction insurer, Markel looks to support customers affected by tool theft. We do this not only through insurance coverage, but also by providing access to value added services, including free legal advice through our helpline.
