Making Your Project Bankable
Risk Management and Insurance Solutions Drive Project Success By: David Bowcott Project owners and construction contractors looking to see shovels hit ground need to work closely together to find ways to make their projects stand out, for the right reasons, to those who supply financial capital. The interest rate environment is at its highest point […]
Better Decisions and Better Margins with AI Agents
By David Bowcott For over 20 years, the construction industry has been seriously experimenting with various technologies, equipping jobsites with a digital web of solutions that help reduce risk and improve productivity. These technologies, ranging from the simplest, like email, to more complex, multi-technology integrated project management platforms, generate massive amounts of data. When aggregated, […]
PLATFORM Grows Its Construction Industry Group with New Edmonton Leadership
Edmonton, March 3, 2025 – PLATFORM Insurance Management Inc. (“PLATFORM”) is pleased to announce the expansion of its Construction Industry Group with the addition of Jason Smith and Steve Stahl as Senior Vice Presidents. Their expertise will strengthen PLATFORM’s growing presence in Western Canada, with both leaders based in the company’s soon-to-open Edmonton office. “As […]
AI Empowerment: Elevating Ownership and Risk Cost Efficiency
By James Gilles Artificial Intelligence (AI) is revolutionizing industries globally, and the Commercial Real Estate (CRE) sector in Canada is uniquely positioned to benefit. By adopting AI-driven solutions, CRE companies can achieve significant gains in efficiency, cost management, and risk mitigation, providing a competitive edge in a rapidly evolving market. Key Benefits of AI for […]
Navigating the Impact of Tariffs on the Construction Industry
The recent imposition of U.S. tariffs on Canadian goods has triggered swift retaliatory measures from Canada, creating a volatile trade environment. These tariffs, which target a wide range of products—including steel, aluminum, and other construction materials—have the potential to significantly disrupt the domestic construction industry. Increased costs for imported materials could lead to higher expenses […]
PLATFORM Announces Launch of PLATFORM Financial: A Specialized Life Insurance Advisory Service Offering
PLATFORM Insurance Management Inc. (PLATFORM) is excited to introduce its latest venture; PLATFORM Financial, a dedicated division focused on providing life insurance advisory services, with an emphasis on Tax & Estate Planning for business owners, high net worth families and individuals. PLATFORM welcomes credentialed professionals and trusted advisors: Daniel Kachani, Noor Al-Awqati, Jeremy Reinbolt, Shaighan […]
PLATFORM Expands Its Construction Industry Group with Key Hires in Edmonton
PLATFORM Insurance Management Inc. (“PLATFORM”) is excited to announce the addition of five outstanding professionals to its growing Construction Industry Group. This talented team, based in Edmonton, Alberta, will anchor PLATFORM’s new Edmonton office, set to open soon. This strategic expansion reinforces PLATFORM’s commitment to delivering unparalleled expertise and service to clients across Western Canada, […]
Building the Perfect Asset Portfolio – Optimizing Total Cost of Ownership and Risk for Best Outcomes
By: James Gilles, Managing Director, Real Estate When it comes discussions around risk management approaches, risk advisors traditionally lean on the concept of “Total Cost of Risk” to help inform their clients on what they need to consider when selecting/setting up their risk management program. While Total Cost of Risk is a vital concept for […]
Rethinking Project Profit, Contingency & Premiums
Driving Better Project Outcomes Through Better Risk Data By David Bowcott Construction industry project budgets have far too much capital allocated to unknown costs and risks. Sure, construction is an industry fraught with many unknowns, but with advancements in data science and technologies that allow us to better capture and organize data, it seems like […]
The Power of Optionality in Performance Security
By David Bowcott Economic uncertainty, driven by inflation, rising interest rates, and geopolitical instability, is increasing tension between construction contractors and project owners over performance security structures. When contractors have ample resources, project owners may demand less security. However, in today’s climate—marked by limited contractor availability and rising material costs—demand for more robust performance security […]