For the savvy risk professional, the one charged with great power to protect construction workers and the bottom line, becoming a mitigation hero is more than a necessity — it’s a responsibility.
Stan Lee first penned “With great power comes great responsibility” in a 1962 Spider-Man comic. And while Lee was likely using it in the literary sense of superheroes and supervillains, there’s a lesson of truth to these words for our real-world heroes.
You know — our modern-day risk mitigation heroes in hard hats, seeing as construction is one of our most dangerous industries.
“There are a variety of risks in the construction industry,” said Dan Campany, VP innovation, head of IoT, The Hartford. “Beyond worker safety, injuries to the workers [impede project completion]. Injuries result in lost time, trying to backfill those workers, retrain workers, and the loss of critical skills required to keep the construction project on time and deliver at high quality.”
Liberty Mutual reported that “the U.S. construction industry loses nearly $11.4 billion a year to serious, nonfatal…
