Author
Devin Pipkin
Devin Pipkin, CIC, is a risk management expert who specializes in construction for TrueNorth, an insurance and financial strategies firm, headquartered in Cedar Rapids, IA. He and his team manage construction contracts, certificates, risk management and safety programs for construction companies across the United States. Pipkin can be reached at 319.739.1200.
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Construction InsuranceReviewing job contracts and subcontractor agreements is a tedious, time consuming job. While someone in your back room tries to decipher a contract’s confusing language, your efficiency slows and profitability declines. Failure to manage these activities at all will help increase efficiencies, but it also puts you at risk for unintended gaps in insurance and the potential for costly claims. Having to choose between inefficiencies and risk isn’t much of a choice, but what else can you do? The solution is surrounding yourself with good people. Job Contracts In the construction industry everything is dictated contractually. It starts with your insurance policy, which is little more than a contract between you and your insurance company of choice. This agreement affords you certain rights and privileges,...


