article thumbnail

How to Get Better Options in Today’s Hard Insurance Market

Construction Business Owner

How to Get Better Options in Today’s Hard Insurance Market. One thing underwriters have made abundantly clear during this challenging renewal environment is that simply blasting a submission to multiple insurance carriers to find competitive pricing, will not produce the effective results it may have in the past. Risk Management.

Insurance 156
article thumbnail

FAQs About Contractor Management Platforms

Safety Services Company

Let’s get some clarity on some of this year’s FAQs about Contractor Management platforms and how you can conquer each quarter! This is why risk management and having good contractor management services are so crucial for contractors in the industry. To receive it, talk to your workers comp insurance carrier.

FAQ 79
professionals

Sign Up for our Newsletter

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

article thumbnail

Companies Seek to Attract Needed Workers with Wage Hikes, Bonuses, Insurance

Pro Builder

Companies Seek to Attract Needed Workers with Wage Hikes, Bonuses, Insurance. In an attempt to draw in more employees, some company owners are hiking wages, offering bonuses, and including health insurance. One solar panel subcontractor business owner now works on the site instead of the office to ensure the work gets done.

article thumbnail

How to Step Up Your Game on Loss Control & Claims Management

Construction Business Owner

How to Step Up Your Game on Loss Control & Claims Management. Achieving favorable terms in a hard property & casualty insurance market. Risk Management. Section In the Office. construction claims management. Cobbs Allen is an independent, national agency focused on risk management in niche practice groups.

Claims 156
article thumbnail

Subcontractor Default Insurance: Pros & Cons for General Contractors

Levelset

Subcontractor default insurance is one alternative to a surety bond that works to protect a contractor from the financial burden when one of their subcontractors defaults. Related: 16 types of insurance coverage for contractors. What is subcontractor default insurance? How SubGuard insurance works.

article thumbnail

How to Manage Compliance for Construction Success

Viewpoint Construction Technology

These days, many contractors are faced with managing larger, more complex projects on a regular basis. Construction management is challenging, in no small part because the industry is governed by a plethora of regulations. Insurance and bonding requirements. Building codes. Credit and background checks. Lien requirements.

article thumbnail

Sage Intacct Construction Brings Financial Management to the Cloud

Construction Junkie

There’s no doubt that one of the most important aspects of managing a construction project is being able to quickly and easily analyze your financials. Financials can be sorted, viewed, and filtered by project type, cost code, project manager, labor & material, and self-performed work vs. subcontracted work, among many other options.

Sage 145