Deft Consultants

01/02/2020

This technology makes job sites safer by letting construction crews stay clear of danger while they focus on other tasks, such as planning.

Contractors are increasingly using automation for the hard labor that goes into construction. Some workers see it as labor-saving—others, as a threat.

12/13/2019

This case should serve as a sharp reminder that policy language should be examined carefully—particularly manuscript policy language that deviates from the words typically used in insurance policies—as the failure to do so could have unintended consequences.

Nonlawyers often roll their eyes when they hear lawyers obsessing about minutiae, such as the placement of a comma or the difference between "the" and "an."1 When it comes to interpreting an insurance policy, however, language matters.

12/11/2019

It was a busy year in 2019 for construction-defect litigation in Florida, due to both the ever-increasing volume of construction-defect claims proceeding to litigation; and several legislative changes and court rulings that have benefitted contractors, liability insurers, and project owners alike. Read the rest of the article from CLM by clicking on the link below.

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12/09/2019

The new technologies offer greater breadth when assessing property risk; by utilizing drone technology, organizations will now have a visual not just of their property, but of their neighbor’s as well.

For years, organizations have employed remote sensing technologies that obtain information about objects or areas from a distance—typically from aircraft or satellites—to assess impacts from natural disasters like hurricanes. But today, thanks to a convergence of factors, including a dramatic dr...

12/06/2019

The benefits of advanced claims intake for commercial insurance can seem obscure, cloaked in a mix of digital hype and theory. It’s not surprising that until recently it’s been hard to win buy-in from business leaders to move toward optimizing claims intake.

The assumption has been that there’s no demand for major innovation in claims intake, that low cost is key. But this is no longer the case.

11/19/2019

Insurers do not have to look hard to see a shift from simple digitization to novel combinations of interconnected technologies.

Insurance is not immune to the fundamental changes in the way we live, work, and communicate.

11/14/2019

Formal presentations to underwriters can help risk managers of construction firms navigate the hardening market when buying or renewing insurance.

Formal presentations to underwriters can help risk managers of construction firms navigate the hardening market when buying or renewing insurance, says a broker.

11/12/2019

High-level steps are needed to deal with cyber crime in the construction sector, beginning with obtaining cyber insurance.

High-level steps are needed to deal with cybercrime in the construction sector, beginning with obtaining cyber insurance, according to an industry expert.

11/06/2019

A research team funded by will soon launch a system that uses to allow from multiple insurers to share access to a single first notice of loss.

A research team funded by insurance carriers will soon launch a system that uses block chain technology to allow claims adjusters from multiple insurers

10/17/2019

Innovations in the are creating entirely new ways for insurance providers to reach and retain customers, and it’s only just beginning. Today, continuous innovation is just as important for as the traditional disciplines of underwriting, financial management, marketing and customer service.

Today, continuous innovation is just as important for insurers as the traditional disciplines of underwriting, financial management, marketing and customer service.

10/16/2019

The reduction in limits available in the market is largely driven by increased jury awards and settlements, which have increased by multiples over the past several years. , supported by an expansive network of specialty industry experts, stands ready to assist with your settlement needs.

Commercial insurance buyers likely won’t see much let up in insurers’ drive for increased rates through the rest of this year, into next year and possibly beyond, industry experts say.

10/15/2019

For insurers, the insurtech bubble is a great thing. Venture capitalists are funding the R&D that insurers have refused to fund themselves.

For insurers, the insurtech bubble is a great thing. Venture capitalists are funding the R&D that insurers have refused to fund themselves.