Study on the Impacts of Construction Technology Adoption on Risk Management, Accident Reduction and Insurance Premium in Ethiopian Construction Industry
| dc.contributor.advisor | Abebe Dinku (Prof.) | |
| dc.contributor.author | Girma Yibeltal | |
| dc.date.accessioned | 2025-07-30T17:55:47Z | |
| dc.date.available | 2025-07-30T17:55:47Z | |
| dc.date.issued | 2025-06 | |
| dc.description.abstract | This study's main goal is to examine how the Ethiopian construction industry's use of construction technology affects risk management, accident rates, and insurance costs. The study looks into the effects of using cutting-edge construction technologies on insurance coverage and expenses. A thorough analysis of pertinent literature, including studies on risk management, insurance policies, and the adoption of construction technologies, is part of the research process. Disk studies, secondary documents, observation, surveys, and interviews with professionals in the field such as consultants, insurance firms, contractors, and clients are more methods used to gather data. The results demonstrate the intricate connection between insurance prices and the adoption of construction technology. It has been noted that using cutting-edge technologies might affect insurance costs in both positive and bad ways. Innovative building techniques and materials can, on the one hand, improve safety, lessen hazards, and possibly even save insurance costs. However, implementing new technology may bring with it unknown dangers like equipment failures and cyberattacks, which might raise insurance premiums. Recommendations for insurance companies and building industry stakeholders are included in the study's conclusion. These suggestions center on the necessity of cooperation and information exchange between insurers and construction industry professionals, the creation of specialized insurance plans that address technological risks, and the application of risk management techniques that keep pace with the changing construction environment. | |
| dc.identifier.uri | https://etd.aau.edu.et/handle/123456789/5875 | |
| dc.language.iso | en_US | |
| dc.publisher | Addis Ababa University | |
| dc.subject | Construction technology | |
| dc.subject | Insurance premiums | |
| dc.subject | Risk management | |
| dc.subject | Construction sector | |
| dc.subject | advanced technologies | |
| dc.subject | Cyber threats | |
| dc.subject | Emerging risks | |
| dc.subject | Insurance industry. | |
| dc.title | Study on the Impacts of Construction Technology Adoption on Risk Management, Accident Reduction and Insurance Premium in Ethiopian Construction Industry | |
| dc.type | Thesis |