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Best Practices for Newly Licensed Drivers

Managing the Risk of Newly Licensed Drivers. Driver Selection and entrustment of a company vehicle is a critical part of every contractor’s overall risk management program. One of the most important steps in allowing employees to drive company vehicles is to follow a consistent process of driver selection, and evaluation of experience/expertise in driving assigned …

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40 Tips for Contractors to Reduce Insurance Costs

BY JIM UNTIEDT The following list of 40 tips provides suggestions on how to reduce your insurance costs. Not all of these suggestions may apply to your company. We offer these ideas to reduce your insurance costs and to offer insight into the viewpoint of underwriters who price the risks associated with construction business! Download …

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Construction Litigation – Best Practices to Win

BY GREG ROUSH At PentaRisk, we have represented Prime and General Contractors that have been defendants in civil litigation arising from serious construction site accidents. Many of these accidents were caused by negligent subcontractors. From our past experience, we have developed advanced risk management and defense tender strategies to ensure that the third party claim …

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Seven Strategies to Improve Subcontractor Insurance Compliance

BY JAMES UNTIEDT & CYNTHIA JOHNSON This article first appeared in CFMA Building Profits. The cornerstone of a successful contractual risk transfer program is a uniform, consistently followed approach to subcontractor insurance compliance. Managing subcontractor risk transfer and perfecting the process of protecting the upstream party’s interests can be challenging for both contractors and subcontractors. …

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