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What is Project Loss Insurance?

Levelset

Project loss insurance has the potential to save contractors from devastating project losses, no matter the cause. Project loss insurance, or PLI, is designed to mitigate catastrophic construction project losses. It also helps contractors manage cash flow during a loss. Project loss insurance coverage.

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How to Successfully Plan the Risks Going Into a Construction Project

Fieldwire

Every construction project is uniquely different, and the distinctive characteristics of the industry - such as high-cost intensity and lengthy durations - also add an additional layer of complexity to the risk landscape. The Importance of Project Risk Planning. Workflow of Risk Planning. treating the risks.

Risk 59
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Expert Advice for Reducing ?Risk of Cyberattacks

Pro Builder

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect their companies. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 98
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HUB's Raymond Monteith Offers Expert Advice for Reducing ?Risk of Cyberattacks

Pro Builder

Risk of Cyberattacks. As predominantly small- and medium-size companies, home builders and trade contractors are especially vulnerable to cybersecurity issues, so it's important for them to understand the risks and take action to protect themselves. SVP Risk Services Division. PB: What should cyber risk training cover?

Risk 97
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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Conflicts and other project risks can delay work and negatively impact bottom lines. When not mitigated or resolved with effective people management strategies , these problems can lead to poor morale, drops in performance and even trigger industrial disputes affecting project profitability. This may work for them.

Risk 130
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Rydon pays out £27m for Grenfell civil claim settlement

Construction Enquirer

Rydon said its settlement is being covered by its insurers. Lawyers for the BSR group took action against 22 firms in total. The civil claim is separate to the public inquiry into the fire, which finished taking evidence in November 2022 and is expected to issue its final report later this year.

Claims 131
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Insurance Company Advisor Cuts Out the Middle Man

ENR Construction

A risk analysis consultancy long focused on construction delays has branched out to apply its chops to the development of a hyperlocal software-as-a-service weather risk-management system for construction that launched Jan.