According to the Bureau of Labor Statistics, more than one in five private-industry fatalities occur in construction. In addition to the human and emotional costs, these accidents negatively impact employee morale, productivity, and overall profitability. The 2017 Liberty mutual Workplace Safety Index finds that injuries and accidents that cause employees to miss six or more days of work cost U.S. employers almost $60 billion per year. Our President & COO, Pete Schermerhorn, wrote about emerging construction technologies that are having profound effects for contractors – and insurance providers. With new, data-driven insights, insurers can more accurately assess risk, determine liability and mitigate fraud. Read the free Property Casualty 360 article here (log-in required).
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