Authors, Sam Clayton, Vice President, Construction Group, Rancho Mesa Insurance Services, Inc.

General engineering contractors deal with a myriad of risks on a daily basis. Even though these risks are typically few in frequency, they are high in severity. This means the claim is going to be significant and could ultimately impact your company’s financial and reputational standing within the industry. Too many times I have seen contractors only focus on the claim after it happens, which is reactive. I recommend taking a proactive approach and have your foreman and project managers focus on the near misses.