Notes to editors
CEO of Insurtech Gateway Richard Chattock said:
“EHAB are transforming how large construction projects are managed by building the first fully-automated, data-driven risk management solution for this industry. We are very impressed how the team are approaching such a complex challenge.”
Head of Innovation at BAM Nuttall Colin Evison said:
“Agile and fresh partners such as EHAB can objectively examine the way we do things in the industry and work on how to overcome the embedded behaviours and practices that are stifling productivity growth.”
Clyde & Co. partner David Hansom said:
“Clyde & Co is delighted to participate in the collaborative efforts to develop the Weather Ledger as a legal solution to weather matters in construction contracting. As a law firm which is at the forefront of smart contracts and technological innovation we see the Weather Ledger as becoming the go to method of dealing with weather related events in construction contracts .”
CEO of EHAB Josh Graham said:
“Our construction partners in BAM and Ferrovial Construction have been a pleasure to work with, and absolutely integral to the development of this solution. It shows the huge potential that innovative collaboration has to offer the industry.”
Agent, Ferrovial Construction and partner lead to Weather Ledger project Elena Perea said:
“The value of innovation in our sector is far-reaching and highly beneficial to all stakeholders. This is why innovation is a strategic priority for Ferrovial Construction. The team at EHAB have created a tool that will enable adhesion to programme, mitigate risk and join all parties together in recorded data in real time for commercial benefit to all. We are extremely happy to assist with the investment and testing phase of such a useful tool.”
About BAM Nuttall
BAM Nuttall, along with BAM Construct and BAM PPP in the UK, is one of Royal BAM Group n.v.’s ten operating companies, delivering exceptional engineering, design, construction, property management and investment services. BAM has approximately 20,000 employees and is a listed company at Euronext Amsterdam.
BAM’s mission to build sustainable environments that enhance people’s lives by enabling the right people to capitalise on state-of-the-art knowledge, resources and digital technologies, providing solutions across the total construction life cycle for the Group’s
clients and generating maximum value for its stakeholders.
For more information visit: https://www.bamnuttall.co.uk/
About Clyde & Co
Clyde & Co is a leading global law firm, specialising in the sectors that underpin global trade and commercial activity, namely: insurance, transport, infrastructure, energy, and trade and commodities. It is globally integrated, offering a comprehensive range of contentious and non-contentious legal services and commercially-minded legal advice to businesses operating across developed and developing markets. Clyde & Co is committed to operating in a responsible way. This means progressing towards a diverse and inclusive workforce that reflects the diversity of its communities and clients, using its legal skills to support its communities through pro bono work, volunteering and charitable partnerships, and minimising the impact it has on the environment. The firm has 440 partners, 1800 lawyers, 2500 legal professionals and 4000 staff in over 50 offices and associated offices worldwide.
For more information visit: https://www.clydeco.com/en
About Connected Places Catapult
Connected Places Catapult harnesses UK innovation to accelerate the adoption of new ideas and technologies to help create connected places for a more productive and greener future.
We operate at the intersection between public and private sectors and between local government and transport authorities.
Our focus is on connecting businesses to cutting-edge research and technologies in order to spark new possibilities and accelerate the creation of innovative products and services which will deliver improvements to the way we live, work, play and travel — and grow the UK economy in the process.
For more information visit: cp.catapult.org.uk
About Digital Catapult
Digital Catapult is the UK’s leading advanced digital technology innovation centre, driving the adoption of advanced digital technologies to make UK businesses more competitive and productive to grow the country’s economy.
We connect large established companies, startup and scaleup businesses and researchers working with artificial intelligence, immersive technologies, and future networks (5G & LPWAN) to discover new ways to solve big challenges in the manufacturing and creative industries. Through this collaboration businesses are supported to develop the right technologies to solve problems, increase productivity and open up new markets faster.
Digital Catapult provides physical and digital facilities for experimentation and testing that would otherwise not be accessible for smaller companies. As well as breaking down barriers to technology adoption for startups and scaleups, our work de-risks innovation for large enterprises and uncovers new commercial applications in the advanced digital technologies that underpin a modern industrial economy.
For more information visit: https://www.digicatapult.org.uk/
EHAB is a 5 person startup with ambitions to radically improve the way construction companies deal with risk through cutting edge technologies. They see construction as one of the fundamental industries needed to solve the global challenges we face, and the industry needs an upgrade if it is to rise to this challenge.
For more information visit: EHAB.co
About Ferrovial Construction
Ferrovial, a leading global infrastructure operator, is committed to developing sustainable solutions. It is a member of Spain’s blue-chip IBEX 35 index and is also included in the Dow Jones Sustainability Index and FTSE4Good; all its operations are conducted in compliance with the principles of the UN Global Compact, which the company adopted in 2002.
Ferrovial Construction manages major, complex, multidisciplinary design and construction projects around the world, in sectors including rail, highways, tunnels, marine, airports and energy. Established in this market since 2003, we design and construct some of the UK and Ireland’s most high-profile transport infrastructure projects. We have the strength and depth to deliver complex major projects in-house, drawing on international expertise and full asset lifecycle capability. We provide our clients with cost-effective, value-added solutions and responsibly design and build assets for people and places.
For more information visit: www.ferrovial.com
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About Insurtech Gateway
The only FCA authorised independent incubator + fund, the Insurtech Gateway is the fastest place to build and launch an insurtech idea.
The insurance industry has so many barriers to entry, founders often run out of energy and money just trying to get in. The Gateway removes these barriers for founders, providing underwriting paper, investment capital and advice on how to design and build their startup, all surrounded by great insurance partners. The Gateway fund supports the portfolio post incubation, to Series A and beyond.
Insurers often struggle to innovate within their own businesses, the Gateway enable insurers to do this in a safe environment. They facilitate insurers, technology partners and insurtechs to get to know each other and work together, over the whole duration of building a business.
The Gateway would like to meet early-stage founders with game-changing ideas or products, and progressive (re)insurers who are interested in collaboration.
For more information visit: insurtechgateway.com