Risk services focus on formulation of risk management strategies built around the client's construction business operations. We understand construction risks and exposures, and through collaboration with the client's management team, and insurance agent or broker, we can develop a risk management strategy that will enable the client to effectively identify, quantify and control most construction risks and exposures.

As consultants, we recognize that we are not a substitute for management. Clients will use our services because they periodically require an independent peer review by experienced construction, insurance and risk management professionals. We are problem solvers whose primary role is to educate, advise and help construction industry professionals make more informed decisions in order to mitigate their risks and improve the performance of their construction business operations.

Helping clients to better understand the contracts they execute, and the types of project risk associated with these contracts, is the most important benefit we can provide a client. In many cases, construction contracts will assign responsibility for a particular project risk to other parties. Design responsibility transferred through design delegation, or the contractual assumption of design risk, has become very problematic for contractors. Particularly, with the increasing use of design-build as a project delivery method.

Sometimes the terms and conditions inserted into construction contracts are so ambiguous that it is questionable who bears the risk for an exposure. Some of these risks can be identified in the contract documents, but others are anybody's guess who will ultimately bear responsibility. Several of the more difficult risks to identify, or plan for, are; unforeseen site conditions, inclimate weather, labor or material shortages, and strikes.

Construction industry clients need to be very cautious when signing any contract. A comprehensive review of the terms and conditions is required, as well as performing a risk management assessment to identify any exculpatory language, indemnification, and/or risk transfer, risk allocation or risk shifting issues.

As an independent risk management consulting firm, C-Risk provides clients with an objective viewpoint on what risk management strategies are best suited for their individual risks and exposures. We educate clients on the strategies available, evaluate and assist with selecting the ones that are most appropriate, and offer sound advice on the implementation process.

Risk Management Strategies include the following:

     Risk Avoidance

     Risk Abatement

     Risk Retention

     Risk Transfer

     Risk Allocation