Technical Risk Underwriters’ Post

Construction companies are inherently risky ventures — and from potential damage caused by fire or severe weather events to theft and vandalism, the financial implications could be significant. This is where builders’ risk insurance becomes a crucial part of a comprehensive construction risk management strategy. To discover more about why Builders' Risk Insurance is a key part of construction risk management, take a look at the latest entry on the Foa & Son blog, here: https://lnkd.in/eW6xHbES

The writing is on the wall. If you keep doing what you’ve done for risk, it’s going to cost more. Revisiting your Risk Management program and analyzing alternative risk financing options should be at the top of ALL leaderships’ 2024 strategic planning.

Elevating industry standards in risk management and compliance is at the heart of what we do. Our latest feature on Nas.Io, "Conducting a Gas Station Assessment," is a testament to our commitment to excellence in insurance loss control. Diving deep into the essentials of gas station risk assessment, our guide equips insurance professionals with the knowledge to navigate the unique challenges of the fuel retail industry. From preparing for comprehensive assessments to implementing effective risk mitigation strategies, this resource is designed to foster a safer, more compliant operational environment. Why is this important? Because in the world of insurance, understanding and mitigating risks directly influences premiums and coverage decisions. Our guide not only sheds light on these processes but also offers actionable insights for improving safety and compliance standards. Explore this essential resource and more by visiting us on Nas.Io at ODLASZ Services https://lnkd.in/eN3tTuEg. Together, let's redefine what it means to manage risk in the fuel retail industry.

The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime soon, and there needs to be a fundamental change in how risk is managed and transferred before it is enticed back, delegates heard at Commercial Risk’s Construction Risk Management Europe conference. 👉👉https://ow.ly/htlf50RocLA #construction #Constructionnews #risk Beazley

The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime soon, and there needs to be a fundamental change in how risk is managed and transferred before it is enticed back, delegates heard at Commercial Risk’s Construction Risk Management Europe conference. 👉👉https://ow.ly/htlf50RocLA #construction #Constructionnews #risk Beazley

The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime soon, and there needs to be a fundamental change in how risk is managed and transferred before it is enticed back, delegates heard at Commercial Risk’s Construction Risk Management Europe conference. 👉👉https://ow.ly/htlf50RocLA #construction #Constructionnews #risk Beazley

The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime soon, and there needs to be a fundamental change in how risk is managed and transferred before it is enticed back, delegates heard at Commercial Risk’s Construction Risk Management Europe conference. 👉👉https://ow.ly/htlf50RocLA #construction #Constructionnews #risk Beazley

The London insurance market is unlikely to start offering single project professional indemnity (SPPI) cover for construction firms again anytime soon, and there needs to be a fundamental change in how risk is managed and transferred before it is enticed back, delegates heard at Commercial Risk’s Construction Risk Management Europe conference. 👉👉https://ow.ly/htlf50RocLA #construction #Constructionnews #risk Beazley