Forest Valley Institute’s Post

High inflation, tighter monetary policies, and post-pandemic project delays have contributed to an increase in insolvencies within the Australian construction industry.    In this article, QBE’s Manager of Risk Engineering Craig R. and Head of Underwriting for Heavy Industries Matthew Boon build on insights from our latest Australian Construction Sector Outlook report, with practical steps to help navigate business challenges.    Read the article: https://qbe.co/3yopxNB   Download the report: https://qbe.co/4foiLIm    #TheResilienceSeries #Construction #ConstructionIndustry #RiskManagement #Insolvency  

MinterEllison Projects, Infrastructure and Construction team hosted our annual Constructions Disputes Day virtually yesterday. This annual event is now in its 8th year and is as popular as ever with our clients. Jeanette Barbaro, William Vu and I presented on a session titled 'Building defects claims: what does the future hold?' where we explored Australia's legislative reform journey, envisioned on the evolving building defect claims landscape and discussed proactive risk management strategies for industry stakeholders. Key takeaways from the session included carefully considering location and construction choices, expanding risk management to include builders, developers and directors, and staying engaged with proposed changes which are shaping the future of building defects claims. #construction #constructionlaw #buildingdefects

Managing and transferring risk is crucial in construction projects. Our latest #Construction blog highlights the importance of soft cost and rental value coverages, especially for additional named insureds. Ensure your project is fully protected from unforeseen financial burdens. https://bit.ly/3yMk5nP #PowerThroughPartnership

#IBTV: What are the biggest risks in commercial construction for 2024? QBE North America's latest report reveals all. Ryan Powers, SVP and head of construction, explores the key risks, mitigation steps, and unexpected findings. https://hubs.la/Q02z0l0z0 #CommercialConstruction #RiskAssessment #QBE2024 #ConstructionIndustry

The engineering, construction, and real estate sector is facing significant challenges in the year ahead, with Natural catastrophes and Fire, explosion risks emerging as the primary concerns, according to the Allianz Risk Barometer. https://lnkd.in/djcy-jTM

Every quarter we look at the construction economy and trends in the industry and identify "what does it mean" as it relates to risk and insurance for contractors.

Need expert tips to stay financially healthy in the ever-changing construction landscape? Procore Risk Advisors has you covered! Join Mike Grillo, John O'Connell and Matthew Schmitt on Feb 13th, 10 AM PST, for a webinar packed with industry insights and success strategies for growth in today's construction world. https://ow.ly/v7Wk50QuA9n

Need expert tips to stay financially healthy in the ever-changing construction landscape? Procore Risk Advisors has you covered! Join Mike Grillo, John O'Connell and Matthew Schmitt on Feb 13th, 10 AM PST, for a webinar packed with industry insights and success strategies for growth in today's construction world. https://ow.ly/aZma50QzKiq

Need expert tips to stay financially healthy in the ever-changing construction landscape? Procore Risk Advisors has you covered! Join Mike Grillo, John O'Connell and Matthew Schmitt on Feb 13th, 10 AM PST, for a webinar packed with industry insights and success strategies for growth in today's construction world. https://ow.ly/JnUq50QAqQ7

Investing in a #floodprevention system isn't just a wise decision; it's a lifeline for your property's survival and business continuity. Get started 👉 https://lnkd.in/gmXeycJv #floodmitigation #flooddamage #smartbuildings #construction #buildersrisk #watermanagement #leakdetection