How to Manage, Track, and Verify Insurance for Effective Construction Risk Management

How to Manage, Track, and Verify Insurance for Effective Construction Risk Management

Imagine this scenario: A construction company is building on a tight budget. To keep costs down and ensure the project stays on track, the team relies on manual methods, like tracking insurance in Excel. However, when a subcontractor’s insurance policy expires, it goes unnoticed by the project team, and they fail to request an updated…

How to Select Software to Manage Your Certificates

How to Select Software to Manage Your Certificates

Introduction Tracking certificates of insurance has its challenges. It’s not exactly the most fun task to carry out, but at the same time it is mission critical to any construction business to make sure your third parties are properly insured in order to minimize risk transfer. If you are attempting to handle the entire certificate…