Through SmartInsight’s integration with Marsh SubSecure, our users gain access to the industry’s premier Subcontractor Financial Benchmarking Service. We help users assess other contractors before partnering with them on projects.
In the construction industry, defaults are becoming an increasing risk, and can be a major source of project cost overruns, lost profit margins, reduced surety capacity and ultimately delayed projects. Avoiding the risk of subcontractor default means a thorough review of subcontractor qualifications prior to subcontract award–and that’s where SubSecure reports come in.
By taking advantage of the SubSecure integration, SmartInsight users can:
Pull Individual Subcontractor Benchmark Reports that score a subcontractor’s financial factors against 10 important areas to help determine if they present a high risk for potential default.
Generate an individual subcontractor Z-Score Report that is widely recognized as an indicator of potential financial problems.
Obtain a Subcontractor Portfolio Report to analyze the overall credit/financial quality of your subcontractors.
Quickly gather the level of risk each company possesses. The Marsh Construction SubSecure Financial Benchmark Service separates each subcontractor’s risk score into 4, easily understood, quartiles of risk.
Claim your SmartInsight profile today
to gain access to the industry’s premier Subcontractor Financial Benchmarking Service, SubSecure.