Stadium construction boom tests insurers’ appetite for mega-project risk

Source: https://www.insurancebusinessmag.com/, December 15, 2025
By: Gia Snape

The NFL, major collegiate programs and other professional leagues are in the midst of the largest stadium construction boom seen in decades. Seven major NFL stadium projects are currently underway or planned, representing more than $10 billion in investment, with universities and mixed-use sports districts adding further momentum.

The surge creates opportunity, but also a concentration of highly complex, high-severity risks that require careful structuring, deep underwriting engagement and proactive risk control. Tom Strong (pictured), SVP of construction technology and innovation at NFP, noted that today’s stadium projects are fundamentally different from past generations of sports facilities. Read more.

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