Contractors may have millions of dollars of equipment, tools and materials stored on their job sites. On this episode, John Wallen of HUB International discusses how to position your firm to best manage the risk of theft. That includes being aware of the coverage details of your insurance policies, taking a multi-layered approach to keeping sites secure and deterring theft, and considering “Internet of Things” (IoT)-based solutions. Also hear tips and best practices on filing a theft report and insurance claim.

Guest:

John Wallen CPCU, Vice President at HUB International, Wisconsin Construction Industry Practice Leader

www.hubinternational.com

Resources:

Best Practices for Deterring Crime at Construction Sites

https://www.constructormagazine.com/best-practices-for-deterring-crime-at-construction-sites/

Solving a Billion-Dollar Problem

BEST PRACTICES FOR PREVENTING EQUIPMENT THEFT FROM CONSTRUCTION SITES

https://www.constructormagazine.com/solving-a-billion-dollar-problem/

National Insurance Crime Bureau

https://www.nicb.org