article thumbnail

Finance & Insurance: Fintech’s Future Is Now

Business Facilities

Biometrics, artificial intelligence and blockchain are being embraced by the financial services and insurance sectors, fueling a wave of fintech startups. The post Finance & Insurance: Fintech’s Future Is Now appeared first on Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions.

article thumbnail

Insurance Market Update

Construction Business Owner

With the start of a new year, the construction insurance market is showing signs of ambivalence from most insurers. Insurance underwriters will likely focus on keeping existing clients happy (through pricing flexibility, broad coverages and service commitments), while simultaneously trying to grow business.

Insurance 120
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

4 Ways Materials Financing Can Help You Recession-Proof Your Business

Levelset

Managing cash flow in the construction industry is difficult in any economy, but during a recession, specialty contractors face even more financial challenges than usual. One of the most significant challenges during that time was the lack of financing for commercial construction companies.

Finance 52
article thumbnail

Construction Law: June 2024

Construction Law

If the rate of insolvencies in the industry is anything to go by, the answer is no, he says. Analysis Avoiding Investor Pitfalls in Complex Construction Financing Arrangements Construction constantly becomes more complex, in engineering and organisation and legal aspects. Some simple tactics can help avoid pitfalls and disputes.

article thumbnail

Mortgage Lender Predictions for 2022

Pro Builder

More than half, or 54%, expect one-stop shops, in which residential real-estate buying is centralized with related services included, to be the biggest potential industry disruptor in the next three years, and residential real estate finance companies are in the midst of working out how to position themselves in light of that shift.

Insurance 105
article thumbnail

Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

The financial value of green buildings is well documented, from commanding higher rents, greater occupancy rates, and increased occupant satisfaction, to lower operating costs for everything from reduced insurance premiums and less energy utilized, easily resulting in an increased return on investment of more than 9% over conventional building.

Green 293
article thumbnail

New NIBS report evaluates natural disaster mitigation strategies

BD+C

Its goal is to help communities, building owners, and representatives in the private finance, insurance, and real estate industries initiate a greater mitigation dialogue. It examines building code requirements, federal grants, and retrofit strategies.