CBO on the Road: 36th IRMI Construction Risk Conference

8 conference tweets you should read

Insurance, Risk Management CBO Editorial Staff

Last week, the International Risk Management Institute (IRMI) hosted its 36th Construction Risk Conference in Orlando, Florida. The conference featured three general sessions and 27 seminars presented by more than 60 nationally recognized insurance, risk management, safety and surety experts. CBO Editor Kathy Wells was there on the conference floor along with 2,000 industry professionals who manage or insure construction risks. Check out the following tweets from her time there:


1. The conference attracted 2,000 attendees—the majority of which were contractors/construction firms, agents/brokers and insurers, along with architects engineers, lawyers and consultants.


2. Keynote speaker Ronn Lehmann spoke on developing a commitment to safety to eliminate the almost-17 deaths per week on construction jobsites.


3. The Gary E. Bird Horizon Award, honoring commitment to improving risk management, was presented to the Construction Subcommittee of the Workplace Task Force; National Action Alliance for Suicide Prevention. The award recognized the committee for their innovative suicide prevention program.


4. A popular session covering joint ventures explored a variety of issues contractors should address up front, starting with the selection of a partner, division of work, allocation of risk/reward, and also legal and insurance issues.


5. The recent increase in widespread use of drones on the jobsite brings concern for risk managers. One session reviewed FAA regulation updates, potential risks and best practices for avoiding incidents and claims.


6. The choice of several Toolbox Talks offered attendees the chance to join short, interactive discussions on new technologies impacting the construction and insurance industries.


7. Overprescribing narcotics has contributed to an epidemic of abuse and addiction throughout the construction industry. Tools, such as patient contracts, risk assessments and drug screenings can help contractors and employees feel better and return to productivity following an injury.


8. FMI’s Hank Harris shared a construction economic outlook, trends impacting the contractor risks, short- and long-term challenges and opportunities for the industry.

The 37th CRC will be held November 5-7, 2017, in Indianapolis, Indiana. For information and resources on risk management, visit IRMI. For more industry news and featured business management content, follow us on Twitter: @CBOMagazine, @KathyWellsCBO and @EManningCBO.

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