Don't go with the flow: Water is the new fire in construction risk
July 07, 2020
Construction projects are inherently dangerous things and face a wide variety of unique risks. But there is one risk that is so common it can seem almost benign. That risk is water damage. Consider a scenario like this:
Saturday 1:34 am
The leak is deep inside a wall of your new 20-story commercial
When COVID-19 exploded in the US, businesses had no time to plan and protect. Instead, organizations had little choice but to react. Some businesses were shuttered, employees sent home, and if companies were fortunate, they were able to implement remote operations.
In some cases, companies were able
The forecast for the 2020 Atlantic hurricane season: between 13 and 19 named storms, including 3 to 6 major hurricanes, a few of which are expected to reach US shores. If your business is in the path of such a storm, it could wipe out all you’ve worked hard to build.
Yet hurricanes are not the only natural