Journal of Economics and Sustainable Development

Whereas, building construction involves several professionals, tradesmen, unskilled labour and use of various equipment and materials, in unpredictable climates, risk management remains an integral part of any successful construction project. To mitigate the occurrence of risks on construction sites, builder’s risk insurance policies are statutorily provided for construction processes. The study, therefore, aimed at assessing construction professionals’ compliance to the compulsory builder’s risk insurance in Akwa Ibom State, Nigeria. Data were primarily collected using a questionnaire. Respondents were selected based on their direct involvement in the delivery of construction projects in Akwa Ibom State,…