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Risk management

Boardroom Risk Management 101 for Construction Companies

One of the most critical responsibilities for any board of directors is to anticipate and manage potential risk to the business. For this reason we advocate for a broader “Business Risk” board meeting standing agenda item, under which health & safety would sit alongside a number of other areas of risk.

New bathroom renovation

What insurance is required when doing renovations?

Managing the risk that comes with doing building work is an important part of any project. Builders need to be aware of all the risks associated with the job and take steps to mitigate them. Ensuring the right insurance is in place is one part of that risk management plan.

The cashflow benefits of premium funding

With inflation eating into disposable incomes along with a reduction in demand across the construction sector, trade businesses are starting to feel the squeeze on their finances. A monthly premium funding agreement is a good way to manage cashflow by spreading your insurance costs throughout the year.