The objective of the Mass Timber Insurance Playbook is to enable a collaborative approach between construction teams and insurers, opening the door to more equitable insurance for mass timber buildings.
Mass timber has the potential to reduce the embodied impact of construction versus more conventional materials such as concrete and steel. It is strong and light, and as a natural material, has a strong aesthetic appeal. But, especially since the Grenfell disaster, mass timber projects have sometimes faced difficulty securing insurance.
The Mass Timber Insurance Playbook is a direct response to the challenges developers have faced, providing guidance for all parties involved in arranging insurance – for both development and operation of projects.
The Playbook was written by insurance and building resilience specialists, to help stakeholders in the insurance and construction industries to understand each other’s priorities and language. The aim is to enable constructive communication, to help overcome gaps in understanding that sometimes hold back mass timber construction.
Content: Mass TImber insurance Playbook
Publisher: The Alliance for Sustainable Building Products (ASBP)