The Building BITE

Proactive
  • 5.0（6則評分）
  • 教育
  • 每月更新兩次
The Building BITE

Welcome to The Building BITE – a podcast for construction Contractors, Owners and Insurance professionals, who want to learn from the industry experts about everything across Building Information Modeling, Risk Mitigation, Insurance, Technology and Leadership. Join us, as we explore the scaffolding that will continue to help our industry climb. For more information on how to hear our podcast, go to Thebuildingbite.com where you can subscribe to our newsletter and follow us on social media for all future “The Building Bite” news and updates. You can also find us on your favorite apps including Apple and Google Podcasts, Spotify, Stitcher, TuneIn and Amazon. Sit down, relax, and enjoy a quick bite with us!

  1. 17 小時前

    The Building BITE: In an Evolving Market, The Need for Industry Standards Remains

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome Brian Perlberg, Senior Counsel of Construction Law and Contracts at AGC as well as the Executive Director & Senior Counsel of ConsensusDocs. We begin the episode by learning about Brian, his longstanding tenure with AGC, and the process that lead him to build out what is now ConsensusDocs. Brian articulates the growing need for industry standards which are not perceived to be biased, and the lasting impact this can have for construction contracts. Before leaving, Brian gives our audience three key takeaways. 1. Better Contracts, Better Results: Use your contract to manifest a successful business relationship. When you view your contract as the foundation of your success, just as in construction, a proper foundation will lead to a good build. 2. Start Integrating Risk Management Company Wide: Risk management should be seen as an enterprise system rather than something done in isolation. Get your various stakeholders such as safety, risk management, bonding and insurance all talking in the same room. 3. Communication, Not Silos: Not every situation is a nail looking for a hammer. Good effective communication can help to streamline jobs and avoid escalation which ultimately leads to negative experiences and impacts business relationships. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Brian on “In an Evolving Market, the Need for Industry Standards Remains.”

    40 分鐘

  2. 10月21日

    The Building BITE: Rectification 101: Rectification Done Right

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome James Pappas, VP, Construction Professional Liability at Convex US. We begin the episode by learning about James and his unique career progression, as someone who chose to study risk management & insurance in college before beginning his career. James went on to become an underwriter with AXA XL where he focused on Contractors Professional Liability for several years before leaving for his current role at Convex US. Through this conversation, James helps our audience better understand what Rectification Coverage is, and how to best utilize the insurance, leaving us with three key takeaways. 1. Pick Your Partner Carefully: When it comes to selecting an insurance carrier, make sure you choose a carrier partner who is committed to creating best practices for you and your firm. Having a strong team that can help educate and guide your firm is critical when creating a plan of action both for the project and legal teams. 2. Report Report Report: One of the biggest pitfalls that plagues insureds is a lack of timely reporting. Be sure to communicate early and often with your carrier and provide notice per policy guidelines. Early notice that does not result in claims is never a bad thing and should be viewed as a positive within the carrier insured relationship. 3. Importance of Prequalification: With a growing market, it is imperative that insureds do their homework when it comes to selecting their subcontractors and design partners. While Rectification Insurance is an important tool for contractors, the first step towards risk mitigation is selecting your partners carefully to avoid untimely delays and design errors on projects. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with James on “Rectification 101: Rectification Done Right.” Please like, share, and subscribe to this podcast!

    30 分鐘

  3. 10月14日

    The Building BITE: Cyber Insurance, a growing need for the Construction Industry

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome Chris Mortifoglio, CPA,CFE, Principal & Founder at Rockland Consulting Group. We begin the episode hearing about the various experiences that ultimately lead Chris to starting his own firm with a focus on helping insureds package insurance claims. Chris shares some growing trends he has seen in the market, with Cyber Insurance becoming a key player as it touches so many commercial verticals. Chris shares some key examples of how Cyber losses are an increased area of concern for the Construction Industry leaving our audience three key takeaways. 1. Cyber Risk is Growing: As the Construction Industry continues to grow and advance through technology, cyber risks are going to become a more significant concern. As the risks continue to evolve in the years ahead, be sure to stay vigilant and plan for the upcoming challenges. 2. Be Mindful of Your Technology Partners: It is imperative that you choose your technology partners wisely, as their IT infrastructure adds another element of risk to your business. Make sure you are proactive when addressing data integration and protecting not only your business but partnering with firms that have taken similar precautions with theirs. 3. Cyber Insurance: a Must Have: Although not always at the front of mind for many in the Construction Industry, it is important to secure and utilize Cyber Insurance. This is an important tool, like many other lines of insurance, that allows for the transfer of risk and can help mitigate and educate insureds looking to protect against cyber occurrences. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Chris on “Cyber Insurance, a growing need for the Construction Industry.” Please like, share, and subscribe to this podcast!

    23 分鐘

  4. 10月7日

    The Building BITE: How Prequalification Drives Contractor Success

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome Shayne Gaffney, Senior Product Manager at Highwire. We begin the episode by learning about Shayne and his unique career progression, from high end training with US Cycling to working as a Senior Product Manager at Highwire. Shayne was able to leverage his experience as a coach into a successful career helping contractors maximize their potential. Through this conversation, Shayne helps our audience better understand the various tools and industry resources available when assessing your subcontractor prequalification strategy, ultimately leaving us with three key takeaways. 1. Is This the Right Sub-Contractor for This Project: While it is important to look at the larger picture when evaluating your sub-contractors, you can not lose sight of the task at hand. Making sure your sub has the work experience and capacity necessary for the next project is imperative to your success; factors such as geography, type of work, and project size should be key benchmarks as you make these decisions. 2. Make Sure Your Data is Comprehensive: We need to think of data like any other tool in your toolbelt. To use it properly you need to focus on getting complete data sets from your subs and streamline the way in which that information is shared. Doing so will increase your team’s ability to digest this information and perform comprehensive assessments. 3. Think Holistically: There are many variables that go into creating a comprehensive pre-qualification assessment, and managing all of them can be a tall order. Make sure to find the right technology partners who will help you quantify this data in a concise way, empowering your team to make the best decision for you and your firm. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Shayne on “How Prequalification Drives Contractor Success.” Please like, share, and subscribe to this podcast!

    26 分鐘

  5. 9月30日

    The Building BITE: Risk Mitigation, Building on Incremental Success

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE host Mike Diercksen, CRIS, welcomes back Bret Bush, Co-Founder, EVP of Insight Risk Technologies. We begin the episode by revisiting our previous discussion with Bret about Insight Risk, their IoT capabilities, and their insurance offering. Bret takes us through various examples of how their offering has grown, and the ways in which he believes it will best impact the market at large. Through this conversation Bret leaves our audience with three key takeaways. 1. Stay On Top of Technology: Technology is rapidly advancing and can become difficult to monitor if you take a step back for too long. Be diligent in your research and understanding of what is available in your market. Staying “tuned in” can keep you apprised of key developments that may help reduce price or increase functionality for your company’s needs. 2. Get Everyone to The Table: This is not a one-man band, and the best way to identify solutions is to take the pulse of all the stakeholders and lean on the experience in the room. Doing this will reduce friction when implementing new technologies and create a greater buy-in for both the insured as well as their carrier partners. 3. Find The Right Partner: Make sure you select your partners carefully! Nothing happens in a vacuum and when challenges arise, you will want to make sure that your chosen team is prepared to provide guidance and educational support. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Bret on “Risk Mitigation, Building on Incremental Success.” Please like, share, and subscribe to this podcast!

    26 分鐘

  6. 9月23日

    The Building BITE: The Evolution of Safety to Risk Management

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome Joe Poliafico, Director of Client Experience at The Baldwin Group. We begin the episode by learning about Joe and his unique career progression, from safety, to risk management. We see how Joe was able to leverage his on-site safety knowledge into a successful career in risk management, which has led him to his current role at The Baldwin Group. Through this conversation, Joe helps our audience better understand the various benefits of bringing your safety team into the fold when it comes to risk management, ultimately leaving us with three key takeaways. 1. Think Wholistically: When looking wholistically at your risk, it is best to draw on the experience of the various teams at your disposal. Tying a field piece with your safety team to the overall risk mitigation strategy is one such way to maximize the impact of your collective efforts. 2. Risk Management Doesn’t Happen In A Vacuum: Even if your firm does not want to bring a Safety Member into the Risk Management Team full time, you should still be looking to create a dialogue between the two groups. There is great value in fostering a relationship between these two groups which can act as the bridge between corporate strategy and on-site execution. 3. Maximize These Benefits: Once your team begins to create this synergy, there is a real opportunity to take this increased alignment and potentially increase your appetite for risk. With the correct programs in place, your team may be able to decrease premiums and find opportunities to request higher deductibles, ultimately increasing profits if the risk is managed correctly. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Joe on “The Evolution of Safety to Risk Management.” Please like, share, and subscribe to this podcast!

  7. 9月3日

    The Building BITE: August 2024 Construction Outlook and Annual Workforce Shortage Survey

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP and Mike Diercksen, CRIS, welcome back Chief Economist for the Associated General Contractors of America or AGC, Ken Simonson. Throughout the episode, Ken dives into AGC’s latest construction outlook report, as well as the 2024 Annual Workforce Shortage Survey. Ken dives into several compelling statistics throughout the episode, leaving our audience with three key takeaways. 1. Job Openings Remain hard to fill: As noted across the board through the AGC Survey, nearly all participants mentioned the challenges they are faced with when it comes to filling jobs with qualified workers. 2. Opportunities Are Coming: Even as others believe the economy may be slowing down, there is reason for optimism. Data Centers and Manufacturing Plants are continuing to pop up at a high clip along with infrastructure projects such as Solar Fields and Battery Plants. The expectation is that these projects will not slow down and if anything, are only gaining momentum. 3. Costs Should Stay Consistent: The market is looking to stabilize and should provide some level of comfort when it comes to project costs. The only outlier in this would be transformers and switch gear, so contractors should plan accordingly to accommodate for those needs specifically. To learn more about Ken’s latest construction report, listen to our full podcast episode with Ken Simonson. Please like, share, and subscribe to this podcast!

    29 分鐘

  8. 8月19日

    The Building BITE: Demystifying Parametric Insurance

    Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome back Patrick McBride, Head of Construction Property at Zurich North America. We begin the episode by revisiting our previous discussion with Patrick about Zurich and their evolving Parametric Offering. Patrick takes us through various examples of how the policy has grown, and ways in which he believes it will best impact the market at large. Through this conversation Patrick is able to help our audience better understand the various benefits offered through a Parametric Policy ultimately delivering our audience three key takeaways. 1. Less Talk, More Walk: It is time to lean in and take a deep dive on how Parametric Insurance can elevate your risk management strategy. By taking the time to work with your broker and seek out the quotation process, our industry will begin to elevate their understanding of the product and potentially find new and unique solutions to their risk profiles. 2. Stay Ahead Of Contract Requirements: While it is not yet standard, we are seeing a change in how contracts are being written when it comes to weather delays. Parametric Policies offer a unique solution, both for the contracts of today, and can be custom designed to help accommodate the contracts of tomorrow. 3. Policy Is Still Evolving: While many aspects of the Parametric Policy are still new to the industry, it is certainly not done growing yet. There is an active effort to expand coverage accounting for “Human Elements” such as air quality and extreme heat which is an area of growing need. Accounting for these new types of perils will allow for better alignment with site health and safety, aim to provide indemnity for project costs, and create alignment with other lines of insurance such as Workers Compensation. To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Patrick on “Demystifying Parametric Insurance.” Please like, share, and subscribe to this podcast!

    33 分鐘
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簡介

Welcome to The Building BITE – a podcast for construction Contractors, Owners and Insurance professionals, who want to learn from the industry experts about everything across Building Information Modeling, Risk Mitigation, Insurance, Technology and Leadership. Join us, as we explore the scaffolding that will continue to help our industry climb. For more information on how to hear our podcast, go to Thebuildingbite.com where you can subscribe to our newsletter and follow us on social media for all future “The Building Bite” news and updates. You can also find us on your favorite apps including Apple and Google Podcasts, Spotify, Stitcher, TuneIn and Amazon. Sit down, relax, and enjoy a quick bite with us!

資訊

  • 創作者
    Proactive
  • 活躍年代
    2021年 - 2024年
  • 集數
    76
  • 年齡分級
    兒少適宜
  • 版權
    © 2024 The Building BITE Proactive
  • 節目網站
    The Building BITE

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