Now that the building boom has presented a great deal of opportunity after years of limited activity, for construction companies and subcontractors looking to make the most of it more attention than ever must be paid to effective risk management practices that will not only save money but also save lives.

“There's a lot of introspection that's seen now in the construction industry that wasn't there before,” says Bill McIntyre, chairman of American Contractors Insurance Group Inc. and founder of the International Risk Management Institute, which this week hosted its annual Construction Risk Conference in Orlando, Florida.

During the three-day conference, a great deal of discussion centered on the topic of creating value through effective project management that has deep roots in worker safety. Increased self-analysis, McIntyre says, is essential to remaining viable in an increasingly competitive industry.

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Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].