38th International Risk Management Institute Construction Risk Conference Draws Excellent Attendance Numbers

HOUSTON, Texas, Nov. 8 -- The International Risk Management Institute issued the following news release:

Over 2,000 construction risk and insurance professionals convened in Houston, Texas, from November 4-7 for the 38th IRMI Construction Risk Conference (CRC).

CRC began in 1982 with fewer than 150 insurance buyers. It has grown into the only national symposium devoted exclusively to managing, insuring, and bonding the risks of construction projects. This year's CRC featured 3 general sessions and over 40 sessions presented by more than 80 nationally recognized insurance, risk management, safety, and surety experts.

Contractors large and small sent their risk, insurance, and safety managers. For example, Bechtel, Tutor Perini, Fluor, Balfour Beatty, Skanska, Austin Industries, Suffolk, Zachry, Walt Disney Company, Facebook, Intel Corporation, and United Airlines represent a small sampling of the nearly 600 contractors and project owners who attended. In addition, virtually all of the major providers of construction insurance or surety services were represented, and a substantial number of risk managers representing project owners (i.e., companies with large construction projects planned or underway) attended.

"The lack of qualified and well-trained workers, supply chain challenges, and construction defects continue to be some of the most difficult risks for contractors to manage and insure," said International Risk Management Institute, Inc. (IRMI) President, CEO, and Conference Cochairman Jack Gibson. "The IRMI Conference provides unique opportunities for contractors, their brokers, and their underwriters to engage in constructive dialog to develop and learn new ways to meet these challenges. As a result, this Conference has become a must-attend event for proactive risk managers and those in the insurance industry who serve them."

The 39th CRC will be held November 10-13, 2019, in Seattle, Washington.