The Building BITE: Identifying the Who, What, and Where Leading to the IFraud Foundation

Please tune in to this episode of The Building BITE Podcast, as we hear from industry experts about key topics to help you be successful. The Building BITE hosts Chris Epps, LEED AP, and Mike Diercksen, CRIS, welcome our guests Damien Caldwell and Tom Stebbins. Damien returns to the show as Co-Founder and CEO of ASG National and Tom as Executive Director of Lawsuit Reform Alliance of New York.
We begin the episode by discussing the various paths of Damien and Tom through their careers which lead them to the founding of the IFraud Foundation. Tom and Damien look to shine a light on the alarming threat to the insurance market both in NYC and elsewhere, while providing solutions to this growing problem. Throughout the discussion, Damien and Tom look to share their expertise as subject matter experts ultimately leaving our audience with three key takeaways.
1. The State of The Market: It is now become overwhelmingly clear that fraud is and has been a major problem plaguing the NYC construction insurance industry. The quicker we can identify these things, the better your chances are of solving the problem.
2. Lack of Collaboration to Blame: The first step is to look internally and recognize that as an industry, our lack of collaboration is a leading factor in this issue. While no one industry partner had all the answers, we all need to be better at information sharing to prevent this type of issue in the future.
3. Be Part of The Solution: Now more than ever is the time to get involved and begin to collaborate and share information to eliminate fraud. Organizations such as IFraud are just one of many ways in which you or your firm can move to make the industry a better place, but it all starts with taking a proactive approach and making that first step.
To learn more about how you can better prepare your firm for the opportunities ahead, listen to our full podcast episode with Damien and Tom on “Identifying the Who, What, and Where Leading to the IFraud Foundation.”
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