We use cookies to offer the best possible user experience on our website. We also use third-party cookies, to deliver personalised advertisement messages. By using our website you agree, that cookies can be saved on your device. Further information on the cookies used and on how to disable them can be found here.
 
 
 
 

Construction

The management of complex risks incurred by construction companies

Recently, both the private and public construction sectors have undergone substantial changes to the risks incurred as a result of profound changes of the society in which construction Companies operate. 
A modern building firm that operates for private and public clients may be facing very heterogeneous issues, which, in terms of frequency of occurrence and severity of the consequences for the maintenance of assets, take on a predominant role: 
  • Real customer insolvency
  • insolvency of the customer masked by disputes over work in progress
  • request for guarantees on the part of customers also extended to obligations of a contractual nature
  • request for guarantees CAR (risks in the construction of public buildings) or EAR (plant and machinery assembly risks) by public awarding bodies
  • requests by private customers to ensure consequential damage ie.e. damage emerging after the delivery of the works
  • examination of tender specifications
  • regulation of the relationship with subcontractors
 
Eurorisk assists operators in the sector with:
  • programmatic analysis of contractually assumed obligations with regard to both private and public-sector customers
  • assessment of the risks associated with the execution of works
  • drafting a risk management plan for preventing damaging events and reducing their potential negative impact
  • verification of the adequacy of insurance coverage under the profile of the suitability of the same as required by the legislature, and what is required to ensure maximum protection of investment
  • technical management of claims while maintaining relations with the different stakeholders involved 
     
 
Construction
To the list
 

Sign up now for the Eurorisk newsletter Discover our social news