Many carriers are overcautious when it comes to mass timber construction, leaving insureds with a case of sticker shock. But as the sustainable building material’s popularity grows, some insurers are leading the way with better guidelines and more tailored coverage.
While AI has penetrated awareness in the larger culture, construction companies have been delving into it themselves in recent years including using it to optimize work schedules, to improve workplace safety, and to keep a close eye on construction sites.
“I don’t know that we do enough with people to let them know what’s available and what kind of life you can live by being part of this great industry. I get up every morning looking forward to my work., I love what I do, and I think that’s important.”
“The industry does so much good work, and I don’t think we figured out how to lever that in society today and make the American public more aware of it! I think that’s probably the thing we need to talk about more.”
Risk management and mitigation will be important elements in the discussion. But you can also count on hearing how different needs on the part of residential and commercial property users are driving change.