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Insurers expect rise in fraudulent claims as economic conditions continue to bite

Construction Law

Construction insurance will experience increasing impacts from the accelerating spread of Artificial Intelligence technology across the industry, warns law firm RPC in its Annual Insurance Review. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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How to Cut Costs & Delays

Construction Business Owner

Cutting-edge technologies are being integrated into every stage of the construction process and revolutionizing the industry in several ways. Specifically, as it relates to accounting, construction technology can be useful to identify ways to save and control costs.

Insurance 156
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Autodesk Doubles Down in Helping the Construction Industry Reduce Risk 

Autodesk Construction Cloud

As with every industry, everything ultimately boils down to the bottom line. However, the industry is at a pressure point and unfortunately, the unexpected is one of the few things companies can expect. It’s currently difficult for insurers to quantify and price risk effectively for construction companies.

Autodesk 105
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Willmott Dixon vows to recover building safety millions

Construction Enquirer

The cost of complying with the Building Safety Act has blown a hole in the latest accounts from Willmott Dixon. And the contractor vowed to go after “designers, fire engineers, supply chain and insurers” to reclaim a “substantial portion” of the £62m it has set aside for building safety and cladding retrofits.

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Toxic and dysfunctional industry awaits its revolution

Construction Law

The Times gave more space to construction and its problems in a series spread over three days in May than the industry has probably ever received at one go from a national newspaper. The industry was characterised as ‘toxic and dysfunctional’ and racing to the bottom. None of it was good. They won’t stay so well hidden for much longer.

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3 Factors to Consider When Starting the Prequalification Process

Safety Services Company

Working with contractor management services can streamline the process, help you set up your accounts, and free up your time so you can focus on what you do best. Factors to Consider When Starting the Prequalification Process Here are a few things you should consider before setting up your accounts and starting the prequalification process.

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What Happened at the 2017 CFMA Conference?

Construction Business Owner

Membership in CFMA is represented by all types of general contractors, specialty trades and construction managers, with a large number of professionals in the accounting, insurance, surety, software, legal and banking industries.

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