Risk Management a Must

on Thursday, 16 February 2012.

By Mark Teplitsky

Maintaining the proper insurance standards is a critical component to any construction job. And in today's business climate, contractors must be more vigilant than ever about mitigating risk, protecting owners and having the proper systems in place.

Maintaining the proper insurance standards is a critical component to any construction job. And in today's business climate, contractors must be more vigilant than ever about mitigating risk, protecting owners and having the proper systems in place. This includes ensuring that all subcontractors, vendors and workers have the appropriate insurance, which has become a hot topic of conversation recently within the building industry. While this can be a tedious process, and one that requires significant training and education, we believe it is crucial to the continued financial health of construction companies and ongoing building and development. Let us know your thoughts on the topic or for more information on construction risk management, visit: http://www.agc.org/cs/industry_topics/construction_risk_management

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