Risk

Technology Corner

Low productivity and a low digitization rate have sparked an influx of new technology being developed, which has the potential to make a profound impact on the risks involved on construction projects and within asset management such as safety risk and design risk. Aon understands that this trend may be of interest to our clients and has created the Technology Corner to profile different construction technology and asset management companies. Each profile gives an overview of the technology, addresses its risk treatment potential, and identifies what insurance policies its implementation could impact. Our goal is multi-faceted to raise awareness about leading construction and asset management technologies that could help reduce risk on site for the purposes of educating our clients and the insurance markets.

Tread
Tread

This web and mobile platform helps construction companies gather actionable data on their subcontracted trucking operations to better manage their materials supply chain. To learn how Tread’s platform is able to provide partners with customized reporting related to vendor performance, job costing, and safety while allowing a multitude of fragmented subcontractors to be managed as if they’re part of one fleet, click here.

OnSiteIQ
OnSiteIQ

OnSiteIQ is a visual documentation and risk assessment platform for construction projects. Our data collectors use a 360-degree camera to capture imagery as they perform walkthroughs of all accessible building floors on a weekly basis, then upload that media to the platform. To learn how the OnSiteIQ platform enables users to navigate back and forth in time to monitor progress and changes between walkthroughs for a single point on a project, click here.

Pontarolo Engineering®
Pontarolo Engineering®

With its patented Cupolex structural void space technologies and applications, Pontarolo Engineering converts risk-driving impervious spaces into resilient assets. To learn how Pontarolo’s design and engineering approach brings a unique set of additional performance functions to any construction project with limitless applications, click here.

ClimaCell
ClimaCell

This organization is pioneering an approach called the “Weather of Things” - where they use existing infrastructure like cell signal interference, connected cars and airplane sensors to generate millions of proprietary weather observations around the globe, each day. To learn how ClimaCell’s weather alerting system helps operators mitigate and manage weather risks with advance warnings at the site level, click here.

Tiger Dam
Tiger Dam

This system is a rapid deployable and re-usable containment bladder that is used in overland and flash flooding, oil spill containment and wildfire applications.To learn how Tiger Dam’s system alleviates the need to use and dispose of hazardous sandbags, which are dangerous to the environment and expensive to get rid, click here.

TGE Topdown
TGE Top DownSMTechnology

This technology specializes in systems integration focused on a revolutionary building process for the construction industry.To learn how the TGE TopDownSM Technology provides vertically integrated structural construction and technology-based solutions to mid/high-rise buildings, click here.

UVARA
UVARATM

UVARA is an end-to-end asset mapping and management solution that helps owners /operators identify and manage risk along the plan - design - build - operate/manage lifecycle while capturing and preserving disappearing institutional knowledge.Learn how UVARA’s system can ingest data from IOT sensors and can be integrated into work-order management and risk assessment systems, while providing smart reporting of budgeting and replacement costs.

BuilDATAnalytics
BuilDATAnalytics

BuilDATAnalytics offers a SaaS solution, CTBIM, that provides a new objective and reliable method to track field construction activities. Learn how BuilDATAnalytics provides real-time analytics that can enable owners to make proactive, high-stakes decisions related to schedule, claims disputes, subcontractor default and cost overruns.

BuildPay
BuildPay

BuildPay offers financial technology (FinTech) that supplants check writing to assure that rapid payment is properly distributed from end to end in the normal project payment chain without changing the rules. Learn how BuildPay prevents friction in the payment chain, while protecting funds, reducing risk and mimicking normal payment processes for all users on any project.

KWANT. AI
KWANT. AI

HoloBuilder is the fastest KWANT.AI is a real time construction jobsite intelligence platform to increase productivity and safety. Using wearables (Kwant sensors) and mobile device combined with cloud-based analytics platform, it collects workforce location, activities, fall and time data. Find out more how KWANT.AI’s proprietary algorithm provides insights on hours and recommends accurate schedule durations and also highlights the high-risk activities, crews and workers, which enables proactive data driven decision making.

HoloBuilder
HoloBuilder

HoloBuilder is the fastest and easiest way for construction teams to document and access site progress. With an efficient site capturing workflow, tens of thousands of construction projects leverage HoloBuilder to create a digital replica of their job sites using 360° imagery. Learn how HoloBuilder’s Computer Vision and Artificial Intelligence analyze progress to inform schedule, equipment usage, material delivery, and safety.

Reconstruct
Reconstruct

Reconstruct provides a visual command center for construction projects and their 3D timelines. Reconstruct’s quantified and visual analytics enable proactive, strategic decisions. Find out more how Reconstruct can “reconstruct” the past, while simultaneously predicting the future.

Rhumbix, Inc
Rhumbix, Inc

This cloud-based platform enables project stakeholders to gather real-time field data on construction projects and seamlessly integrates it with home office systems to reimagine project controls and data storage, manipulation and visualization. Learn how Rhumbix can help reduce latency and redundancy in existing project workflows.

SiteAware, Inc
SiteAware, Inc

This solution provides consistent quality-control monitoring by creating an accurate digital twin of a construction project through the application of computer vision. This allows project owners and contractors to conduct “as-built” vs. “as-planned” analysis throughout the project. See how SiteAware’s technology works to enable early discovery of errors and omissions to reduce rework.

Levelset
Levelset

The Levelset platform seeks to enhance collaboration and confidence in payment documentation throughout the payment structure for construction projects. And, in turn, to avoid claims and defaults by building effective communication channels with key stakeholders. Find out how Levelset is opening communication between stakeholders to achieve better outcomes.

Doxel, Inc
Doxel, Inc

This artificial intelligence solution autonomously monitors a project site to inspect installation quality and quantifies how much material has been installed correctly. Learn how Doxel has the potential to maintain schedule and cost while reducing construction defect risk.

Upbrella Construction
Upbrella Construction

This solution works to bring sheltered conditions to high-rise construction projects. See how Upbrella can help reduce the risk of worker falls and eliminate lost time and productivity due to weather events.

Pillar Technologies
Pillar Technologies

Pillar Technologies is an IoT/wireless sensors company that monitors key metrics on site such as temperature, smoke, humidity, pressure, and dust. Click here to learn more about the potential Pillar Technologies has to reduce risk on site and what insurance policies it could impact.

Click here to view Aon Technology Corner Webinar Series recording.

Smartvid.io, Inc
Smartvid.io, Inc

This artificial intelligence solution helps automate the identification of safety hazards and construction defects through continuous analysis of visual data from project sites. Learn how Smartvid.io can address worker safety and improved workforce accountability.

Click here to view Aon Technology Corner Webinar Series recording.

Sober Steering
Sober Steering

This transdermal biosensor works to prevent impaired individuals from operating vehicles and equipment and from accessing jobsites. See how Sober Steering has the potential to reduce accidents and schedule delay due to impaired individuals on site.

COMPASS
COMPASS

This application gathers and organizes Subcontractor data to assess execution ability for General Contractors in the pre-qualification process. Explore how COMPASS is working to translate construction experience into data-driven analytics for better risk management.

Aclaimant
Aclaimant

This platform provides risk managers a clear view around workplace safety, incident and claims management through a single dashboard. Explore how Aclaimant works to protect projects, employees and P&L by empowering risk management teams to proactively manage and monitor workplace risks and exposures.

FullStack Modular
FullStack Modular

This modular building technology company seeks to revolutionize the building process through manufacturing pre-fabricated components for the high rise multifamily, hospitality, and student housing sectors. Learn how FullStack Modular is working to address worker safety, construction defects, and more.

Briq
Briq

This innovative use of blockchain technology helps minimize lost construction data during the handover from construction to the first owner by chronicling the entire building process in an immutable, searchable record of construction. See how Briq can help owners and contractors reduce delays in claims discovery and enhance trust between all stakeholders of a project.

BuildingConnected
BuildingConnected

This platform enables real asset owners and general contractors to effectively manage their projects through contractor and bid management and industry benchmarking through one platform. See how BuildingConnected can help to increase competitiveness and transparency on projects.

Arx Pax
Arx Pax

This Self Adjusting Floating Environment (SAFE) Foundation System provides a consistent building surface regardless of site location. Find out how this new foundation system can help address risk of poor soil, flood and earthquake hazards.

Oxand
Oxand

Oxand’s simulation software, SIMEO™, helps rationalize and prioritize long-term investment strategies through alignment of maintenance plans with asset management strategy. See how Oxand can help simulate asset evolution and work to predict life-cycle needs.

Alice Technologies
Alice Technologies

This schedule optimization software works to leverage project teams’ construction knowledge to quickly reschedule when issues arise to find a path to avoid costly delays. See how a platform exploring millions of scenarios can help shorten duration and reduce labor costs.

Pype
Pype

This machine learning-based platform helps to automate submittal logs and standardize project closeout and turnover. Explore how Pype can help improve the chain of custody and reduce the amount of time and labor involved in project closeout.

Construction Robotics’ Material Unit Lift Enhancer (MULE)
Construction Robotics’ Material Unit Lift Enhancer (MULE)

This lift assist device reduces the strain and hazards of lifting heavy loads on project site through leading-edge robotics that can handle and articulate material (up to 135 lbs.) into place. Learn how Construction Robotics can help improve worker health and safety on the job site.

Construction Robotics’ Semi-Automated Mason (SAM)
Construction Robotics’ Semi-Automated Mason (SAM)

This semi-automated mason system helps to increase the pace and accuracy of bricklaying, from the 300 to 600 bricks per day of a typical mason to 300 to 400 bricks per hour. Find out how Construction Robotics can help to ensure wall quality while protecting workers and reducing fatigue.

PlanGrid
PlanGrid

This mobile-first platform streamlines document management and control to provide collaborators easy access to all project information on any device to create a comprehensive record of a project’s life-cycle. Learn how PlanGrid can boost productivity and reduce defects by providing immediate access to up to date plans, specifications, progress photos and tasks.

Triax
Triax

This wearable, non-GPS solution provides project managers with a dashboard display of where resources are active on a site and how they are interacting. The device can also detect falls and automatically alert designated supervisors. Explore how Triax is working to improve project efficiency and worker safety on site.

AspenTech

This firm’s software drives uptime with actionable insights from models and machine learning. Their Aspen Fidelis Reliability and Mtell solutions tackle the most complex process manufacturing challenges, creating value and improving profitability for customers by optimizing assets to run safer, greener, longer and faster.

Fidelis by AspenTech

Click here to learn how Aspen Fidelis Reliability can perform life-cycle analyses and predict the future performance of an asset.

MTell by AspenTech

Click here to learn how Aspen Mtell uses equipment condition and process data to provide weeks or months of notice for when and why a machine will fail.

Eddy Solutions
Eddy Solutions

This solution empowers property owners with Intelligent Water Management tools that identify issues, monitor usage, and mitigate water damage. Eddy’s system includes IoT enabled sensors, smart meters, and shutoff valves, all connected to a Homeowner App or Property Management dashboard. To learn how Eddy Solutions can help protect against water damage and improve overall risk management, click here.

nPlan
nPlan

nPlan learns how previous construction projects performed by reading and understanding completed project schedules, at a massive scale. Using this knowledge, nPlan’s algorithms are capable of forecasting the probable duration of construction projects and which activities are most likely to cause delay. To learn how nPlan helps contractors, owner/operators and financiers systematically quantify duration risk on projects, spotting outliers and problem areas before they manifest, click here.

WeatherBuild
WeatherBuild

WeatherBuild offers a suite of decision support solutions that empower contractors, owners and operators to improve situational awareness and make better-informed decisions about weather events, schedule impacts, safety risks and probable outcomes. To learn how WeatherBuild’s solutions can help gain actionable insights in real-time at the point of construction and operations to optimize uptime of crews and equipment, click here.

MegaSecur
MegaSecur

The MegaSecur Water-Gate Barrier allows for the rapid, reliable and safe deployment of a water containment barrier that can be used in emergency situations. To learn how The Water-Gate Barrier can be used for short or long durations of time without impacting its efficiency and durability, as it is resistant to corrosion and toxic materials, click here.

MindForge
MindForge

The MegMindForge, a division of IRMI, is a cloud-based software platform that streamlines how contractors manage, train and engage their workforce. To learn how MindForge helps bridge the communication divide between the home office and the front front-line workforce by providing a direct conduit for training, documentation, and information, click here.

Tive
Tive

Tive helps companies achieve real-time in-transit visibility of their goods around the globe. Their clients include Fortune 500 shippers and logistics providers. To learn how utilizing rich sensor data through Tive’s visibility platform empowers clients to become more proactive with their shipments, improve their customers’ experiences, and gain supply chain insights that they were not able to access before, click here.

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