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What Is an Insurance Endorsement? A Contractor’s Guide

Levelset

When working in construction, your insurance policy gets issued as a fairly standard contract. Like a basic construction agreement, you can upgrade or downgrade your insurance policy just as a customer might do with the fit and finish of a building. What is an insurance endorsement? How insurance endorsements work.

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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. Following productive and co-operative engagement between the parties, settlement terms have been agreed with the vast majority of those affected without the need for a prolonged legal process. Lawyers for the BSR group took action against 22 firms in total. previously.

Claims 131
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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Sometimes there is little bearing on ongoing operations, but, depending on the nature of the conflict, these disputes can have serious ramifications which have the potential to cause brand damage, profitability issues or human resource issues. Technical and Legal and Compliance Issues. Process Issues. The Effect of On-Site Disputes.

Risk 130
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. This, after all, is the foundation of the insurance industry. And risk can be a profit center, since insurance companies obviously make money. So what do construction and insurance companies have in common? Well, consider the business model of the insurance industry.

Risk 120
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. Healthy Competition » Free Webinar on Reducing Profit Fade. One problem that even the most savvy contractors deal with is profit fade, when a job continues to incur additional costs that are not factored into the estimate. productivity. STRATEGY |. MANAGEMENT |. ACCOUNTING |.

Cash Flow 120
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. Customer Collaboration & Construction Software » Staying Focused in the Fight Against Profit Fade. There’s a name for these situations: “profit fade.” The profit you calculate when bidding a job can fluctuate dramatically as work progresses. STRATEGY |. MANAGEMENT |.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. Product Spotlight. If a business is unprofitable in 2011, and has no taxable income to use the deduction, that business can elect to use 100% Bonus Depreciation and carry-forward to a year when the business is profitable. productivity. STRATEGY |. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |.