Welcome to Echo.
If you’re in construction, how are you responding to labor shortages, rising costs and delays?
Staying competitive and increasing construction productivity means leaning on new talent acquisition strategies and utilizing emerging technology.
Construction businesses that embrace automation, advanced data tools and workforce development are better positioned to achieve sustainable growth. Embracing technology is how you reduce costs, stay on schedule and manage risk.
Explore how smarter construction strategies can protect your business.
Families with domestic staff may not think of themselves as employers, but they are.
Protection against legal action from household employees is a key part of risk management. What’s the solution? Employment Practices Liability Insurance, or EPLI.
When domestic staff such as housekeepers or nannies experience harm while working, the legal fallout can be costly. EPLI helps resolve claims quickly and protect employers from expensive legal fees and settlements.
Unlike standard homeowners policies, EPLI covers several unique risks of employing domestic staff. Be sure to safeguard your household and reputation.
To get the full scoop on construction productivity and EPLI, check out the linked resources and visit NFP.com.
NFP's May Echo, your source for quick insights into business and industry trends.
In this month’s Echo we’re diving into two key topics:
Construction Productivity
Rising costs, labor shortages and compressed timelines are making it harder for construction businesses to deliver on time and within budget. Embracing automation, workforce development and smart planning tools can help companies stay competitive, reduce delays and protect profitability.
Employment Practices Liability Insurance (EPLI)
When domestic staff such as housekeepers and nannies have accidents or experience harm while working, EPLI protects employers from claims and costly legal action, including legal fees and settlements.
Thanks for watching Echo — stay tuned for next month’s insights!
