StructuredRisk Named Recipient of RIMS 2007 Arthur Quern Quality Award
As the construction industry transitioned from the realm of highly trained and apprenticed artisans to a more production line oriented process, many leaders in the industry failed to adopt some key principles of production utilized in other industries. Specifically the development of quality control procedures has lagged behind the other more-developed industries such as food and pharmaceutical production, for example, which has a clearly defined set of protocols known as GMP (Good Manufacturing Practice) or cGMP (currently accepted Good Manufacturing Practice). But law suits resulting from construction defect have made an impression on insurance carriers and as a result, most large construction companies now have risk management and/or QC/QA consultants or even their own internal departments. Central to these risk management processes for construction is careful inspection during construction (ideally by a third party), combined with thorough documentation. As a result, a cottage industry has popped up to provide products and services to developers in this area. And now they even have awards shows:
StructuredRisk, Inc. was honored as the recipient of the Risk and Insurance Management Society, Inc. (RIMS) Arthur Quern Quality Award at RIMS 2007 Annual Conference & Exhibition in New Orleans on April 30.
“This year, StructuredRisk, Inc. stood out among the pool of nominees for developing risk management software designed to refine and improve construction best practices and reduce litigation,” says Karen Beier, ARM, RIMS member of the board of directors and vice president of risk management at Shaklee Corporation. “The Arthur Quern Quality Award is given to an organization that showcases an initiative within the risk management industry that has contributed to increased quality in products, services and enterprise risk management. It is with great pleasure that RIMS presents this prestigious honor to StructuredRisk, Inc.”
4 June 2007 | Construction, Construction Defect, Construction and Law, Experts, Technology | Comments
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