Insurance

How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers

Using the power of big data, risk advisors give clients sophisticated benchmarking analysis that can result in more favorable terms and rates.

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

Indemnity agreements should ensure that the party intended to bear a certain risk is the one held responsible if that risk materializes.

Builders’ Risk: Covering Construction Liability

by Joseph C. Smith | Nov 23, 2018
Insurance | Risk | Risk Management

A comprehensive builders’ risk policy covers the interests of the property owner and contractors, as well as protects other insurable interests such as building materials, fixtures and equipment that could be damaged during construction.

A Growing Space: Risks and Safety Benefits of Modular Construction

by Michael Alberico | Nov 13, 2018
Insurance | Risk | Safety

Modular construction eliminates weather delays and defects on the jobsite. As the modular construction space expands, smart contractors can minimize risk and maximize health and safety of the workforce.

Parametric Insurance: Mitigating Risk From Weather-related Events

by Paul Ramiz, Michael DeLio | Nov 9, 2018
Insurance | Risk | Risk Management

Insurers can offer tailored solutions that allow contractors to manage the financial impact of adverse weather on revenues and costs. Parametric solutions cover a pre-defined event of a pre-specified magnitude.

Lessons Learned from Hurricane Irma

by William L. Coulbourne | Oct 19, 2018
Insurance | Risk | Risk Management

Hurricane Irma proved that buildings constructed to high wind design guidance performed well and provided critical performance information of high wind codes and standards.

Schools Remain Top Priority in Carolinas as Cleanup From Storms Continues

by Joanna Masterson | Oct 16, 2018
Insurance | Risk | Risk Management

While the construction-related impact of Hurricane Michael is still being assessed, the estimated total property damage from Hurricane Florence is $17 billion to $22 billion.

Manage Rising Construction Fleet Insurance Rates With Technology

by Joseph Kopko | Oct 11, 2018
Equipment | Insurance | Risk | Vehicles

As insurance rates rise, invest in tools to prevent loss, such as telematics to monitor driver behavior and safety features such as backing sensors, cameras, and collision mitigation and lane-keeping systems.

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CONSTRUCTION EXECUTIVE

How Construction Companies Are Using Benchmarking Data and Analytics to Rise Above Their Peers

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

Builders’ Risk: Covering Construction Liability

A Growing Space: Risks and Safety Benefits of Modular Construction

Parametric Insurance: Mitigating Risk From Weather-related Events

Lessons Learned from Hurricane Irma

Schools Remain Top Priority in Carolinas as Cleanup From Storms Continues

Manage Rising Construction Fleet Insurance Rates With Technology

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