Risk

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.

Don’t Surprise the Surety: Streamline Payment on Bond Claims

by Nate Budde | Nov 27, 2018
Risk | Surety Bonding

Subcontractors filing a payment bond should make sure the surety knows that a claim has been made and work with the surety and the GC to resolve the claim prior to litigation.

Taming the Data Beast: Tips for Managing eDiscovery Challenges in the Construction Industry

by Barry Schwartz | Nov 23, 2018
Dispute Resolution | Legal and Regulatory | Risk Management

Construction defect lawsuits require finding, collecting and sorting through terabytes of electronically stored information. Technology solutions allow visibility into the data and the ability to manage it.

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.

Mitigate Health Risks Caused by Vibration Exposure

by Steve Ochs | Nov 14, 2018
Risk | Safety | Tools | Wellness

Vibration is an unavoidable constant in many workplaces; depending on their duties, workers can be exposed to hazardous levels on a frequent-enough basis that it causes long-term injury.

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.

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Risk

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

Indemnification: A Useful Tool for Allocating Risk in Construction Contracts

Don’t Surprise the Surety: Streamline Payment on Bond Claims

Taming the Data Beast: Tips for Managing eDiscovery Challenges in the Construction Industry

Builders’ Risk: Covering Construction Liability

Mitigate Health Risks Caused by Vibration Exposure

A Growing Space: Risks and Safety Benefits of Modular Construction

Parametric Insurance: Mitigating Risk From Weather-related Events

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