Risk Management: Minimize Your Company’s Risk & Avoid Future Claims

Image credit: Evgeniy+Zhukov/shutterstock.com

Every construction project presents a host of potential risks that need to be addressed. Although it’s no guarantee that you can eliminate all of them; you can help manage them and de-risk your business. The best way to eliminate as much risk as possible is to have a Risk Management plan. Risk Management is the practice of identifying & analyzing loss exposures and taking steps to minimize the financial impact of the risks they impose.

Read More

Topics: Surety Bonding, Safety, Construction Risk Management, Construction Insurance

Is Your Company An Attractive Risk For Underwriters?

Image credit: karlstury/shutterstock.com

As the Insurance Hard Market continues, Carriers are reducing their appetite for risk. This means Carriers are not insuring:

Read More

Topics: Safety, Hard Market, Construction Trends

Instill a Safety First Mentality to Navigate the Hard Market

Image credit: Aunging/shutterstock.com

As your company’s insurance premiums start to renew, it’s important to understand that price increases are occurring because of the Insurance Hard Market. A variety of coverages are affected by this including General Liability, Excess Liability, and Builder’s Risk.

Read More

Topics: Safety, Hard Market, Construction Trends

Safety Advice: 5 Ways to Keep Your Insurance Premiums Low

image credit: A_stockphoto/shutterstock.com 

When it comes to insurance, most companies are not excited to purchase it. Unfortunately, it is a necessary item for any business owner. Typically, you want good insurance coverage with low costs.

One way to make sure your insurance premium is low is to have a good safety plan. Good safety is the easiest way to lower your insurance premiums. Here are some ideas you can implement into your current safety program that will help lower your insurance premiums:

Read More

Topics: Construction Commercial Insurance, Safety

Best Safety Practices When Studying Abroad

image credit: Undrey/shutterstock.com

Studying abroad is a wonderful experience, if you have the opportunity to take part in it. Though being in a different country is exciting, it’s important for students to know how to stay safe. Below are some tips on how to mitigate risks when traveling to another country.

Read More

Topics: Safety

5 Safety Tips for Your 4th of July

image credit: ungvar/shutterstock.com

Now that summer is here, it is time to enjoy the warm weather! With 4th of July right around the corner, here are some safety tips you should keep in mind.

Read More

Topics: Safety

6 Ways to Have a Safe Summer

 

image credit: Romiana Lee/shutterstock.com

Summer’s officially here! It’s time to break out your favorite summer activities that you love to do. Below are some safety tips to protect you and your family this summer.

Read More

Topics: Safety

Follow These Four Safety Practices to Make Your Job Site Safer

 

image credit: Phat1978/shutterstock.com

Safety management in a construction project should be second nature, but sometimes contractors may neglect important safety practices. When a construction project involves high risk and potential hazards, it’s imperative to review safety measures with workers and assess the dangers at the work site. Here are some useful safety practices you can follow to make your job site safer. 

Read More

Topics: Safety, Construction Risk Management