As important as blueprints and permits are before breaking ground, a strong risk management plan—specifically in the context of evaluating insurance needs—is an essential pre-build part of any ...
The construction industry is one of the most dangerous professions in the country. In fact, in 2023, about 1 in 5 workplace deaths occurred in the construction industry and 38.5% of these deaths were ...
Modular construction has gained significant popularity in recent years, with an estimated market size of $131.58 billion by 2030, according to Fortune Business Insights. Modular construction involves ...
The construction industry is one of the few industries still strongly associated with manual, in-person labor. While other industries have long been transformed by the tech revolutions of the last few ...
SUGAR LAND, TX, UNITED STATES, March 3, 2026 /EINPresswire.com/ — MAKZ Insurance Agency, a Texas-based firm specializing in property and liability coverage for developers, builders, landlords, daycare ...
This article is a tool for stakeholders involved in infrastructure projects. It conveys knowledge about the complexities of builder's risk claims, offering insights into risk management strategies, ...
Vendor risk has the power to impact an organization’s reputation, ESG (environmental, social, governance) initiatives, and information security. Similarly, vendors can affect a project’s performance ...
In the 1990’s it wasn’t uncommon to define risk management success as just limiting the number of deaths on a project site and purchasing and renewing insurance policies. But over the last 25 years, ...
Construction projects are inherently risky, involving complex tasks, heavy machinery, and numerous workers. From design to completion, various hazards exist that could lead to significant financial ...
In the construction sector, many smaller and mid-sized contractors are so focused on securing the next contract that they overlook crucial details in their contracts and construction insurance, which ...
The recent collapse of a multi-storey building in Nairobi’s South C is yet another grim reminder of Kenya’s long and painful history of preventable building failures. Sadly, this tragedy is not an ...