SDI Newsletter - June 2023

A Note from the Underwriting Desk

We recently published our first Confidential Marketplace Alert, which provided statistics around the rising trends in bankruptcy and deterioration of subcontractor financial positions. Contact us if you would like to receive a copy of this alert. Prequalification AND continuous re-qualification of your high-risk trades during the lifecycle of your projects are absolutely crucial in today's dynamic marketplace. Even subcontractors with a history of a well-healed balance sheet are showing signs of stress. REMEMBER – THE SECOND BIDDER MAY BE THE MORE PRUDENT OPTION.

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SDI NEWSLETTER

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The hotspot "on view - cycle next number (0% to 19%)", located above the large numbers on the canvas, has an On View Cycle – Next interaction. This interaction triggers the slideshow to continuously cycle through the text layers in the group "0% to 19%" at a .01 sec rate. Once it cycles through all the text layers, the last layer in the group is an additional hotspot "on view - stop cycle" which has two interactions applied to it. The first interaction shows the last text layer, "19%". The second interaction hides the "on view - cycle next number (0% to 19%)" hotspot to prevent it from cycling through the group again.

To replace an image, select the png or jpeg on the canvas or in the layers panel and click the "Replace image" button, which is next to the image thumbnail in the design panel. Any applied animations, interactions, image edits, or object states to the original image will carry over to the new one. Tip: Try to make the new image a similar size and dimension to the image being replaced.

Object states give you the ability to assign various “states” to an element on the canvas. You can also apply object states to images that have been masked to create some really unique effects. In this example the image has a default state and a hover state. In the hover state, the image increases in size. The image is masked to the rounded square shape. Thus, when the user hovers over the image it looks like the image is zooming in as the image is constrained to the masked rounded square shape.

Remove the background of images by simply right clicking on an image and selecting “Remove Background.” In a matter of seconds, the foreground will be detected, and everything else behind it will disappear automatically, leaving behind an image with a completely transparent background.

Masking assets in the studio allows you to transform images and GIFs into virtually any shape you want. To mask an image, place a shape over the image on the canvas. This can be a standard shape (circle, square, triangle) from the Ceros shape tool, or a custom shape you’ve created using the path tool. You can also use PNG images and SVG Icons as masking objects as well. Then, select both the masking shape and original asset by holding down shift and clicking on both objects on the canvas or in your layers panel. With both objects selected, right click and select “Create Mask” from the right click menu. Your original asset will be cropped into the masking shape that you’ve applied.

Create an engaging and interactive landing page to display features using object states, masks, and blending modes.

Template - Professional Services Landing Page

1280px x 2050px

The "On Click- Cycle Next/Previous" interaction triggers the carousel to cycle to the next asset or group of assets in a designated folder or group.

JUNE 2023

SDI NEWSLETTER

Wallace Moreman

Tim Anderson

William Lane

Andrew Thompson

Jamie Curcio

Charlie Tasto

Michele Schultz

Senior Vice President

Executive Underwriter

For any additional questions, please do not hesitate to reach out to anyone on our team.

Risk Engineering Manager

Senior Claims Specialist

Measure Twice, Cut Once: Quality Challenges with the Wood Frame Marketplace

The multi-family marketplace has represented a significant portion of the U.S. construction economy for the past decade and continues to maintain momentum.

Not Getting What You Pay For: Elevated Risks of Material Deposits

We do not necessarily advocate for them, but we are practical and understand that deposits are inevitable. They are a part of doing business, especially in construction under current supply chain pressures.

Have a subcontractor in default? File a notice of potential claim online. This is not required and the existing form filing process will be accepted.

Community Involvement

Newsletter Article Hub

Senior Loss Control Risk Manager

Senior Loss Control Representative

Executive Underwriter

Prior Newsletters

July 2022 November 2022 January 2023

In this Issue:

A Note from the Underwriting Desk Measure Twice, Cut Once: Quality Challenges with the Wood Frame Marketplace Not Getting What You Pay for: Elevated Risks of Material Deposits Community Involvement

Our team recently got together for our annual team meeting in Nashville, TN. As part of the opportunity of being together, we volunteered a morning’s time in the cold storage room at the Second Harvest Food Bank of Middle Tennessee. The team was responsible for allocating and packing 20 pound produce boxes that consisted of onions, potatoes, cabbage, and carrots for those communities in Middle TN with food insecurity. The time volunteered was a worthwhile team building event and allowed us the opportunity to support those in the communities in which our employees live and work. At the end of the day, we sorted and crated 12 pallets of produce with 496 boxes, 9,762 pounds of food which would lead to 8,135 meals for those in need. It was a rewarding opportunity for the team!