RISK MANAGEMENT IN A GREEN WORLD

摘要

Green construction continues to drive discussions and opportunities in the industry. As a result insurance providers are looking to develop both coverage and service offerings. How will green initiatives impact risk and liability? When we think of green, we think construction defect. The industry has made a lot of strides in mitigating construction defect claims over the last decade, but green products and processes are new to much of the industry. Be careful promising specific performance measures and put in place the best practices that we've learned in recent years that include pre-job inspections, architect-approved plans, quality training and mock build-ups. Above all be careful what performance measures you warrant.