Tag: Risks
-
How contractors can mitigate the risks of joint ventures
Listen to the article 6 min This audio is auto-generated. Please let us know if you have feedback. This feature is a part of “The Dotted Line” series, which takes an in-depth look at the complex legal landscape of the construction industry. To view the entire series, click here. Crews placed the final steel beam atop…
-
How Can You Identify and Manage Hidden Risks in Residential Developments?
When it comes to building or buying a home, most people focus on the fun stuff—floor plans, kitchens, and backyard space. But beneath the surface, there are hidden risks that can turn a dream home into a financial headache. Understanding these risks early on is the key to protecting your investment and your peace of…
-
Managing safety risks during excavation work
Most excavation work requires some form of work at height and it is now commonplace for companies to hire rescue equipment such as davit arm systems. However, it is extremely rare for individuals to hold a recognised qualification for excavation rescue. Rescue plans often sit within the site office, are not shared with the workforce,…
-
Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
-
Humidity & Homes: How Moisture Raises Property Risks
Not all water damage begins with a flood. In fact, one of the most consistent—and consistently underestimated—threats to your home is already in the air: humidity. Humidity is more than a comfort issue. When it exceeds healthy levels, it quietly seeps into your walls, furniture, insulation, and HVAC systems. It doesn’t make a dramatic entrance…
-
Risks and Benefits of Unsecured Working Capital Loans
Your business requires immediate capital but lacks collateral assets to secure a loan? You might find unsecured working capital loans to be the solution you need. Over recent years these financing options became increasingly popular as companies of all sizes have been using them to obtain quick and flexible funding. Businesses find this financing attractive…
-
Research reveals stark risks of flooding in subterranean spaces
I wanted to find out about UK policy, British Standards and codes of practice relating to the conversion of basements into habitable flats. I interviewed key people from the Environment Agency, Property Care Association (PCA), Department for Environment, Food and Rural Affairs (Defra), Construction Industry Research and Information Association (Ciria), fellows of the Chartered Institution…
-
Experts Warn Businesses of Costly Termite Risks This Week
In recognition of Termite Awareness Week, March 2-8, 2025, the National Pest Management Association (NPMA) is urging commercial property owners and facility managers to remain vigilant against termite infestations. Termites cause an estimated $6.8 billion in property damage annually in the United States, with commercial structures being particularly vulnerable to costly repairs and business disruptions.…
-
Architects, Engineers See Growth Amid Risks and Rising Costs
As the U.S. construction industry continues to benefit from steady economic growth, most insurers providing architects and engineers (A/E) professional liability insurance are concerned about the persistent effects of inflation on claim expenses, uncertainty about the U.S. economy, higher risk project types and professional design disciplines, as well as new exposures from artificial intelligence (AI). To…
-
Allianz 2025 Top Risks for Construction Industry
Cyber incidents such as data breaches, ransomware attacks, and IT disruptions are the biggest business risks for companies globally in 2025, according to the Allianz Risk Barometer. Business interruption ranks as the second top concern for companies of all sizes followed by natural catastrophes. Now in its 14th year, the Risk Barometer is an annual…