Contractors' Insurance Pool Lowers Costs And Reduces Claims Losses
Risk is everywhere in the construction industry, from the individual worker's safety to cost exposures and economic turmoil. In this industry, insurance costs can be a major business expense affecting contractors' ability to compete. RISKMASTER has played an important role in ACIG's initiative to reduce claims losses across its membership. The company's mission includes saving lives, preventing injuries and reducing losses. To this end, in 2004, ACIG's CEO introduced a program called Project Life Saver with the objective of reducing losses by 50 percent, specifically job-related fatalities.