Construction leaders have raised the safety bar, yet more work remains
Construction Dive
MAY 16, 2024
Large GCs have elevated their jobsite practices in recent years in order to limit risk, said a safety expert with insurance firm Charles Taylor.
Insurance Risk Safety 
Understanding the Essential Insurance Requirements for Construction Projects
Building Radar
JULY 15, 2024
Navigating the insurance requirements for construction projects can be daunting. Insurance plays a crucial role in managing risks and ensuring the successful completion of any construction project. For more details on CGL insurance, visit Construction Coverage.
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Building Blocks For Solid Risk Management
Construction Business Owner
OCTOBER 27, 2016
Part of an effective risk management program involves monitoring the industry and economic trends that could affect your business. Cal Beyer is the director of risk management at Lakeside Industries in Issaquah, Washington.
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Project Protection 101: Exclusive Insights for Cost Challenges
Construction Business Owner
DECEMBER 4, 2023
Project Protection 101: Exclusive Insights for Cost Challenges PCF Construction offers insight on current market construction risks, and how to take control. These costs have surged due to a combination of factors, including supply chain disruptions, and high demand.
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Protecting Your Business & Recovering From a Major Loss
Construction Business Owner
APRIL 5, 2021
The still-evolving circumstances of the COVID-19 pandemic paired with construction’s already demanding work environment has the industry operating at the height of caution and risk management. But for business owners, now is as crucial a time as ever to assess some of the more familiar pillars of protection: insurance.
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Assessing the Design and Build Risk
Construction Law
APRIL 2, 2024
Our regular expert insurance market commentary from John D Wright of JD Risk Associates looks at the available design and build risk cover available. Expect greater information requirements from underwriters in the wake of Grenfell before cover is provided, he warns.
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Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How
Pro Builder
NOVEMBER 10, 2022
Using Contract Skilled Labor Can Reduce Workers’ Compensation Risk—Here’s How. Using a staffing company can help employers lower workers' compensation risk while still meeting project workload demands and customer deadlines. Jobsite Safety. Jobsite Safety. Thu, 11/10/2022 - 10:44. Labor + Trade Relations.
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Does GC Insurance Cover Subcontractors?
Levelset
SEPTEMBER 23, 2022
General contractors know these risks when they take the role. Luckily, that’s what insurance is for, right? Does a general contractor’s insurance cover their subcontractors’ accidents or mistakes? Who is covered by an insurance policy? GC insurance & subcontractor coverage. General liability insurance.
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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business
Levelset
SEPTEMBER 14, 2022
Business insurance can help mitigate occurrences or disasters that can severely impact or destroy the good standing of your business. Let’s take a look a subcontractor insurance: when it’s needed, what happens if a sub goes uninsured, and what policies subs can use to protect their businesses from risk.
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CBO on the Road: 36th IRMI Construction Risk Conference
Construction Business Owner
NOVEMBER 15, 2016
Last week, the International Risk Management Institute (IRMI) hosted its 36th Construction Risk Conference in Orlando, Florida. The conference featured three general sessions and 27 seminars presented by more than 60 nationally recognized insurance, risk management, safety and surety experts.
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Autodesk Doubles Down in Helping the Construction Industry Reduce Risk
Autodesk Construction Cloud
SEPTEMBER 13, 2022
Contractors are focused on executing efficiently and safety, while winning new business and staying profitable. . So how can companies optimize for their bottom line without putting their businesses at risk? . Risk management is a multifaceted challenge. Toric: Delivering Data-driven Insights to Improve Decision-making .
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37th IRMI CRC Champions Safety Efforts
Construction Business Owner
DECEMBER 1, 2017
For 37 years, the International Risk Management Institute Inc. This year, the annual CRC was held at the JW Marriott in Indianapolis, Indiana, November 6-8, and hosted nearly 1,800 attendees.
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How to File a Lawsuit After an Injury At a Construction Site?
Construction Marketing
MARCH 2, 2023
Help with negotiations This can be difficult, as insurance companies are often reluctant to pay large settlements. An experienced attorney will know how to negotiate with insurance companies and fight for the best possible settlement for you. Contributory negligence This defense says that you were partially to blame for your injuries.
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Manage Safety Risk – Get a “2 Fer”
FDR Safety
SEPTEMBER 27, 2013
Our guest blogger today is Mike White , a new senior advisor for FDRsafety who comes to us after a great career at GM, where he was most recently Global Safety Director. If you manage for risk, you also manage for compliance. I recently retired from General Motors where I spent the last part of my career as Global Safety Director.
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5 Tips For Hiring Great Temporary Safety Professionals
FDR Safety
MARCH 28, 2018
In the world of Safety there are differing views on utilizing staffing agencies to fill temporary positions. When it comes to filling Temporary Safety positions, hiring managers simply can’t risk hiring an under qualified candidate. The reward of saving money on a less qualified employee is not worth the risk.
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7 Ways to Improve Construction Site Safety
Levelset
NOVEMBER 10, 2022
In this article, we’ll explore the most common jobsite safety risks — and what contractors can do to improve safety for all parties involved. . Common jobsite safety risks. According to the Occupational Safety and Health Administration (OSHA), almost 3 out of 100 full-time workers were injured on the job in 2019.
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Zurich Offers New Risk Management App for Constuction
Construction Equipment
OCTOBER 20, 2020
Zurich North America Insurance is offering a new construction app through Zurich Services Corporation designed to help its construction customers manage their risks and help improve safety, quality, and insights while on the job. Subscriptions to the Zurich Construction Solutions app are now…
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How to Manage Jobsite Safety for Third-Party Contractors
Pro Builder
OCTOBER 14, 2022
How to Manage Jobsite Safety for Third-Party Contractors. These safety guidelines can help companies maintain a healthy work environment for employees and contractors on and off the jobsite. Jobsite Safety. Jobsite Safety. Fri, 10/14/2022 - 10:02. Labor + Trade Relations.
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How to Successfully Plan the Risks Going Into a Construction Project
Fieldwire
JANUARY 25, 2022
Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. Health and Safety Hazards. Analyze and update company safety policies. Workflow of Risk Planning.
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Travelers Insurance Wants to Pay You to Use Procore
Construction Junkie
JULY 27, 2020
Well, now at least one insurance company believes that, as well. Procore’s platform can help contractors avoid many costly losses and delays through effective risk management and cross-team collaboration,” said Lisa Morgan, President of Construction at Travelers. Announced today, The Travelers Companies, Inc.
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10 Ways to Improve Construction Safety
Autodesk Construction Cloud
MARCH 1, 2022
Safety is foundational to construction. Even with all the focus put on budgets, timelines, and processes, safety still comes first. After all, safety can affect all these aspects of a construction project, and more. 10 Winning Strategies to Enhance Construction Safety. 10 Winning Strategies to Enhance Construction Safety.
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Can a Property Owner File a Claim Against the Contractor’s Insurance?
Levelset
SEPTEMBER 13, 2022
In most cases, that’s what insurance is for, and the contractor will typically initiate a claim against their policy to take care of it. But who can actually file a claim against the contractor’s insurance? And what if the insurance won’t cover all or some of the costs? The day-to-day work of a contractor is rife with risk.
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Construction Risk Management: How to Reduce Top Construction Risks
Autodesk Construction Cloud
FEBRUARY 5, 2022
How to Manage Risk in Your Construction Project. According to The Construction Industry Institute , there are about 107 construction risks you should consider when managing a project. Before you start panicking about the 90 plus risks on the list you’re probably not completely aware of at this moment, let’s take a step back.
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Expert Advice for Reducing ?Risk of Cyberattacks
Pro Builder
OCTOBER 4, 2021
Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?
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Safety In the Fast Lane
Construction Business Owner
JUNE 17, 2015
Finally, his insurance broker would mobilize its claims, safety and risk management personnel to assist after these men prematurely lost their lives. He explained that a motorist had driven into the work zone, striking and killing two employees.
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3 Factors to Consider When Starting the Prequalification Process
Safety Services Company
OCTOBER 30, 2023
It ensures you meet health and safety standards that safeguard workers, protect the business’s reputation, are environmentally conscious, and minimize accidents. These can relate to your insurance, financial stability, safety records, etc.
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Key Financial & Safety Metrics for Subcontractor Qualification
Autodesk Construction Cloud
FEBRUARY 25, 2022
For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . The following standard financial ratios can help risk management teams evaluate potential trade partners during the subcontractor qualification process. SAFETY RATES & METRICS . Request a demo today. .
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Construction Risk Management | Contractor Risk Management | Construction Risk Register | What Is Construction Management at Risk
CivilJungle
DECEMBER 21, 2021
Information of Construction Risk Management. Construction risk management is a long steep process, in which we have to calculate the all-possible risk and determine the process by which we can reduce this type of risk. Where we identify, analyze the risks and work over them. What Is Construction Risk Management ?
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From Zero to Hero: Construction Risk Management
Safety Services Company
FEBRUARY 19, 2020
IS YOUR BUSINESS EFFECTIVELY PRIORITIZING CONSTRUCTION RISK MANAGEMENT? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.
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From Zero to Hero: Construction Risk Management
Safety Services Company
FEBRUARY 18, 2020
How Well Does Your Business Prioritize Construction Risk Management? Truth be told, every industry involves risk. Whether the project involves a multi-million-dollar office building or a three-story apartment complex, there are several risks that need to be considered in order to ensure the success of any construction project.
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6 Safety Technology Trends for Utility Construction
Construction Equipment
JULY 19, 2019
1-3 in Louisville, Kentucky), Abby Ferri, VP, national construction practice, from the risk management, insurance, and employee benefits advisor Hays Companies, will be conducting an “in-the-field Safety Tech Trek.” At the upcoming ICUEE (Oct. Rather than presenting a PowerPoint in a classroom, she…
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Construction Jobsite Safety: Strategies and Resources for Worker Well-Being
Pro Builder
AUGUST 5, 2022
Construction Jobsite Safety: Strategies and Resources for Worker Well-Being. Jobsite safety is critical for workers and for your home building company. More than half of that spending (56%) went toward safety education, a sign that construction remains a potentially dangerous job. Fri, 08/05/2022 - 07:00.
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HUB's Raymond Monteith Offers Expert Advice for Reducing ?Risk of Cyberattacks
Pro Builder
OCTOBER 4, 2021
Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?
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3 Companies Partner to Increase Job Safety With IoT Tech
Construction Equipment
MARCH 5, 2019
As the construction industry continues to capitalize on IoT technology to combat job site safety risks, wearable devices are becoming instrumental in improving risk identification and response to incidents. Travelers Insurance, and Triax Technologies have partnered to explore… Gilbane Building Co.,
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FAQs About Contractor Management Platforms
Safety Services Company
FEBRUARY 13, 2024
may be wondering how to make 2024 the best year yet for health, safety, and compliance. After all, safety first, bidding next. Answer: Each year, contractors must complete an annual update to remain compliant with safety regulations and qualified to perform work. Naturally, many contractors (like you!)
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Contractor Management and Prequalification: Why Are They Necessary?
Safety Services Company
OCTOBER 16, 2023
Contractor management is a series of checks ensuring that the contractors follow up-to-date safety practices and conform to health and regulatory standards. Prequalification demonstrates that your company adheres to health and safety regulations, preventing potential lawsuits, poor work, and additional expenses for the client.
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Fast-tracking construction projects offers both risk and reward
BD+C
AUGUST 14, 2023
Fast-tracking construction projects offers both risk and reward dbarista Mon, 08/14/2023 - 13:50 0 Contractors Understanding both the rewards and risk of fast-tracking a project can help owners, architects, engineers, and contractors maximize the benefits of this strategy and can bring great reward on all fronts when managed properly.
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Construction Risk Management: What to do when your project goes wrong
Lets Build
JUNE 6, 2017
There is a number of parameters that you should think about and an efficient management of the risk is surely necessary. In other words, you can’t really define risk on the exact same way in every construction project. Even within the same project, there may be distinct sources of risk. Types of risk in construction.
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Is Your Construction Team Prepared for Cyber Risks?
Pro Builder
DECEMBER 7, 2020
Is Your Construction Team Prepared for Cyber Risks? While there are several cyber risks to monitor, ransomware and business email compromise attacks are two of the most common challenges we see contractors faced within our roles at Sentry Insurance. Proactive Safety Measures for Cyberattacks. Mon, 12/07/2020 - 06:00.
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Top 8 Construction Health and Safety Hazards — and Ways to Protect Your Jobsite
Levelset
SEPTEMBER 22, 2022
By the same token, many potential situations pose risk to the health and safety of your employees and others working on the jobsite. Here’s an overview of eight of the top safety and health hazards in construction — and some preventive measures you can take to avoid these risks. . Electrocution.
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New ISNetworld® Hiring Client Coca-Cola Joins June 2024
Safety Services Company
JULY 30, 2024
This development emphasizes the critical importance of compliance in ensuring safety and quality in beverage production. ISNetworld helps companies like Coke Florida manage contractor safety, insurance, and regulatory information. Your company’s agent or broker can assist with this process.
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Empowering the workforce through digital transformation
Autodesk Construction Cloud
OCTOBER 5, 2023
Increasing safety and quality As construction activities across APAC intensify to meet the demands of governments looking to boost economies, there is a risk of overlooking safety and quality protocols, which can have dire consequences.
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Virtual Tech to Revolutionize Workplace Safety
Construction Equipment
MARCH 12, 2019
Wearable technology, virtual reality, and augmented reality will likely change workplace risk management, according to an article in Risk and Insurance. These technologies will soon allow employers to use VR, for example, to review the physiological limits of a task before sending a live human to…
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Protecting Your Investment from Vehicle-into-Building Crashes
Wolgast Corporation
JULY 6, 2022
The Storefront Safety Council is a group of volunteers that are “passionate about ending vehicle-into-building crashes.” Members include architects, risk managers, parking specialists, lawyers, and perimeter safety professionals. The emergency response report is also useful in your insurance claim for timing and dates.
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