Peace of Mind: 6 Benefits of Construction Risk Insurance

Construction risk management

If you didn’t have a clue on risk management, it’s time you know about it. It’s a core leadership approach that safeguards your success from any potential threats and, ensures they’re dealt with before they derail your business. However, if you have problems managing your business or projects, you can always construct risk insurance to help you with management. Below are six benefits of building risk insurance. 1. It Enables You Spot Projects in Trouble Risk management enables you to see beyond the expectations. You can identify where more attention…

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Renewable energy industry insurance claims are growing

Renewable Energy Industry Insurance Claims - Lightbulb on Grass

Both the severity and the frequency of these claims are rising in the American renewable energy market. Renewable energy industry insurance claims are on the rise, both in terms of severity and frequency, said an insurer specializing in this market, GCube Insurance. The figures have seen a considerable increase over the last half decade, which means that asset owners and insurers alike will need to alter their risk benchmark. The insurance company linked the change in claims frequency and with very specific causes. According to GCube Insurance, the renewable energy…

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