Risk Management

Key Steps for Contractors to Prepare for Weather-Related Catastrophic Events

by Todd Gillman | Jan 8, 2019
Insurance | Risk | Risk Management | Safety

By assessing and managing potential exposures before, during and after catastrophic events and monitoring the insurance claims process, contractors can minimize the financial impact of these events and expedite recovery.

Navigating Risk Allocation in P3 Agreements

by Michael E. Wagner, Jr. | Jan 4, 2019
Contracts | Legal and Regulatory | Risk Management

Before pursuing a P3 project, understand the basic contractual structure affecting design and construction, identify project risks, and modify terms that are inconsistent with the firm’s appetite for risk and overall strategic objectives.

Factors Impacting Construction Risk Management in 2019

by Joanna Masterson | Dec 13, 2018
Risk | Risk Management

USI Insurance Services' 2019 P&C Insurance Market Outlook Report states immigration and labor force issues, offsite fabrication, green construction, technological advances and effective subcontractor prequalification are expected to impact construction firms’ ability to manage risk effectively.

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.

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.

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.

The Business of Construction

Business

Workforce

Culture

Safety

Risk

Legal & Regulatory

Markets

Technology

Equipment

SECTIONS

TOP LISTS

MAGAZINE

RESOURCES

CONSTRUCTION EXECUTIVE

Key Steps for Contractors to Prepare for Weather-Related Catastrophic Events

Navigating Risk Allocation in P3 Agreements

Factors Impacting Construction Risk Management in 2019

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

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

Parametric Insurance: Mitigating Risk From Weather-related Events

Related Content

Why Construction Firms Need Better Inspection History, Not Just More Project Data

From Cleanup to Compliance: How Contractors Manage Jobsite Waste Regulations

Arbitration in Construction Disputes: Process and Best Practices

Net-Zero Construction in the Classroom: The Nationwide Push for High-Performance Schools

How Construction’s Risks, Opportunities and Insurance Options Shape up for 2026

Navigating the Challenges of a 2026 Surety Market: The Importance of Financial Management for Contractors

Sections

Top Lists

Magazine

Resources

Construction Executive