Ready to Respond? Contractors' Best Practices for Performance Bond Claim Preparedness
- Claims, Insurance, Risk Management
- April 23, 2024
Examining the Upside of the Upside Down By Gregg Schoppman, FMI Sun Tzu, the author of The Art of War, was a military strategist and tactician that lived thousands of years ago. Yet he is arguably one of the most studied individuals by military minds, business leaders, coaches who leverage his countless principles and theories
READ MOREBy Gary R. Semmer, CIC, CWCAC, AssuredPartners, Inc. The Construction Insurance market has been firming up for the past two to three years driven by several factors including higher General Liability jury awards/settlements for construction injuries, Auto Liability awards based on distracted driving, and Property/Equipment climate related claims caused by catastrophic events such as Hurricanes,
READ MOREBy Chad Pearson, Plexxis Software The bad news is struggle will define the next 5 years. The good news is those who excel in struggle will define the next 20 years. Thankfully, top teams who consistently outperform competitors, regardless of the struggles they face, share one common thread we can all learn from in order
READ MOREBy Steve Antill, Foundation Software As the COVID-19 pandemic and its restrictions continue at the start of 2021, the dust is still settling for contractors and the construction industry. Although a stimulus package and recovery could be on the way, in the meantime, contractors’ focus should remain on finishing existing projects while preparing their business
READ MOREDeveloping deeper insight into project performance through analytics By Gregg M. Schoppman, FMI Most projects don’t start off being bad. They begin with the best of intentions but possibly lack the nurturing, caring and planning to be successful. There are also those projects that take a dark turn, but their trajectory provides a false sense
READ MOREBy Patrick Hogan, handle.com Technology has come a long way, and the construction industry has adopted various technological developments increasingly. The use of power tools and heavy equipment, for example, has significantly improved productivity in construction projects. As technology further develops, construction businesses must also keep up to further improve their processes on and off
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