close

New: Risk Matters Hub – advice from the experts on how to keep your business safe

Infrastructure Intelligence is working in collaboration with Griffiths & Armour to help share best practice, improve risk awareness, and assist effective management of risk.   On the new Risk Matters hub you can find out more about professional risk, often overlooked professional indemnity considerations and 'lessons learned' from claims.

Click here to access the Risk Matters hub

“It is very important in a growing market that businesses do not lose their focus on risk management,” said Griffiths & Armour chief executive Stephen Bamforth.  “It can be tempting when times are busy to overlook precautions, but with resources stretched, firms are often at particular risk. If the claims don’t arise straight away, they will when industry turns down again and companies could find themselves very exposed. We are working with Infrastructure Intelligence to help firms better protect themselves.”

The Risk Matters Hub brings together all the latest analysis and thought leading articles on critical risk and insurance issues faced by infrastructure professionals.

Infrastructure Intelligence has teamed up with leading leading independent insurance broker and risk management adviser Griffiths & Armour to make businesses aware of the risks  - and  their remedies – that can be faced in a busy infrastructure market.

“It is very important in a growing market that businesses do not lose their focus on risk management,” said Griffiths & Armour chief executive Stephen Bamforth.  “It can be tempting when times are busy to overlook precautions, but with resources stretched, firms are often at particular risk. If the claims don’t arise straight away, they will when industry turns down again and companies could find themselves very exposed. We are working with Infrastructure Intelligence to help firms better protect themselves.”

This specially created hub contains information on the latest thinking around risk managementprofessional indemnity and new ways to more efficiently avoid potential claims on infrastructure contracts, bringing together analysis, expert viewpoints and a number of important case studies to highlight lessons to be learned when avoiding contractual and professional liability claims.

This work has been divided into the sections to help you navigate these complex areas and will be expanded over 2015 to assemble a comprehensive information resource to help guide professionals towards a lower claim, lower cost future. 

The section on contractual liability claims contains six key lessons on issues such contractual terms and novation to help avoid pitfalls, including case studies to bring the facts to life.

In the section ‘The avoidance of claims – Managing risk in a changing business world’, Griffiths & Armour shares its experience on insurance and liability issues such as working around the world or when using BIM .

There is a section devoted to Integrated Project Insurance – a form of insurance that insures project risks rather than liabilities and which is the only product capable of supporting BIM level 3. It is a system that the government is keen to see used on infrastructure projects to the extent it is trialling it as part of its Construction Procurement Strategy.

And finally, Griffiths & Armour have worked with Infrastructure Intelligence to collate information on 'Classic case studies – ten cases every consulting engineer should know'.