12 November 2014 Insurance

Aon launches construction risk portal

The construction services group of Aon Risk Solutions has launched a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies.

The construction risk portal is a single website that currently houses two applications. The first is the construction risk map – a searchable reference library focusing on the macroeconomic view of the construction risk climate across the US.

The second application, the construction risk register, is an interactive module that allows users to create a project/location-specific risk profile based on a limited number of data inputs about the project.

“As the construction landscape continues to grow, contractors entering new states continually express frustration when confronted with differences in regulation, statutory requirements and hazard risks between geographies,” said Matt Walsh, executive vice president and chief broking officer of Aon Risk Solutions’ construction services group.

“The construction risk portal will allow our clients and colleagues to have access 24-hours a day, seven days a week to statutory developments, case law, risk trends and regulatory updates to help facilitate the understanding of these dynamics.

“Thanks to the help of real estate and construction litigation firm Johnson & Bell, this interactive platform features publicly available information of development-related regulations in each state. We are excited at the capabilities this platform has to offer for our clients. As we move into 2015, we will build out additional applications to include more robust project risk tracking and options for international project risks.”

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