Exploring The Adoption of Integrated Project Insurance (IPI) and to Enhance Collaboration in Construction Projects.

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@article{1710212,
      author = {Deji Bolusemihi, Dario Silic, Ademayowa Adeduro, Rita Morounkeji Bolusemihi},
      title = {Exploring The Adoption of Integrated Project Insurance (IPI) and to Enhance Collaboration in Construction Projects.},
      journal = {Iconic Research And Engineering Journals},
      year = {2025},
      volume = {9},
      number = {2},
      pages = {735-752},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1710212.pdf},
      abstract = {The construction industry continues to evolve with a growing emphasis on collaborative delivery models that reduce conflict, improve performance, and enhance value for all stakeholders. Integrated Project Insurance (IPI) represents an innovative procurement model designed to eliminate adversarial relationships and foster trust-based collaboration among key construction stakeholders, including clients, designers, contractors, and insurers. This research assesses the adoption of IPI in the construction sector and its potential to significantly improve collaboration throughout the project lifecycle. By examining existing literature, real-life case studies such as the Dudley College Advance II project, and qualitative data collected through interviews with construction professionals, this study identifies critical factors influencing the adoption of IPI. These include perceived risk-sharing benefits, alignment of team objectives, cost-saving incentives, and the influence of no-blame contractual environments. The research also explores the challenges hindering widespread adoption, such as a lack of awareness, traditional mindsets, and the complexity of structuring IPI contracts. Furthermore, the study investigates how IPI encourages early stakeholder engagement, transparent communication, and integrated decision-making. This research aims to develop a practical framework that supports the implementation of IPI in varying project scales and contexts, providing a strategic guide for construction professionals, developers, and policymakers. The findings offer significant academic and practical contributions promoting IPI as a catalyst for improved project collaboration and delivery efficiency. This study envisions a future where IPI becomes a mainstream solution for addressing systemic inefficiencies and fostering a culture of partnership in the built environment.},
      keywords = {Integrated Project Insurance (IPI), Collaborative Procurement, Construction Stakeholders, Project Delivery Models, Risk Sharing, Project Delivery, Insurance in Construction.},
      month = {August},
  }