8min chapter

Risk Management: Brick by Brick cover image

A New World of Risk Management with Rob McDonough of Marsh USA

Risk Management: Brick by Brick

CHAPTER

Innovative Data Utilization in Underwriting and Strategic Partnerships in Construction

The chapter discusses how InsureTech is revolutionizing the underwriting process through data-driven risk decisions, particularly identifying patterns such as labor shortages affecting worker experience and safety. It also emphasizes the importance of strategic partnerships in the construction industry to enhance safety, reliability, and successful project outcomes. Furthermore, it touches on the evolution of the industry towards comprehensive project life cycles, punctuated by a playful risk assessment game and the benefits of incorporating technology like the Apple Watch.

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