Construction
In the world of construction, navigating the complex maze of risks is not for the faint-hearted.
From the gritty ground of construction sites to the polished floors of boardrooms, employment, reputational, and operational risks can loom large. The industry is perennially haunted by labor shortages and high employee turnover, a dire situation that not only threatens the completion timeline but also elevates the risk of workplace injuries. This precarious balance between maintaining a skilled workforce and ensuring their safety is a tightrope walk that can sway the reputation of any construction firm. Delays and accidents become fodder for negative press, casting long shadows over future business prospects. Moreover, the operational risks - from third-party liabilities to claims arising from contractual disputes or construction defects - add another layer of complexity.
In this high-stakes environment, managing these risks is not just about adherence to regulations or securing insurance; it's about weaving a fabric of resilience and reliability that can withstand the pressures of the unexpected. Our broad and deep knowledge of the construction industry enables us to design risk management strategies optimized for your business.
Construction Industry Services
Benchmarking & Data Analytics
Drawing data from our extensive Global Benchmarking Portal, actuarial and statistical analyses, financial analysis, and decision modeling, we can help our clients better understand their risks, evaluate alternatives, and, ultimately, reach the best decisions with the data and analyses to back them up.
Risk Transfer and Certificates of Insurance
We help you build a strong risk management plan that includes a process for ensuring the third party has the correct insurance coverage and that your contract with them properly transfers the appropriate amount of risk to them.
Claims Management
A local, hands-on approach with national resources helps us both understand a situation more fully and engage appropriate resources to achieve the best client result possible.
Construction Safety Services
We look beyond just preventing accidents and strive to help you develop safe, efficient work environments, increase awareness of safety issues within your organization, and help you maintain quality, production, and profitability for your business.
Surety
A local, hands-on approach with national resources helps us both understand a situation more fully and engage appropriate resources to achieve the best client result possible.
Culture Risk
We look beyond just preventing accidents and strive to help you develop safe, efficient work environments, increase awareness of safety issues within your organization, and help you maintain quality, production, and profitability for your business.
Insurance solutions for construction companies
- Commercial General Liability Insurance
- Workers’ Compensation/Employer’s Liability
- Construction Wrap-ups/ OCIP/CCIP
- Builders Risk Insurance
- Performance Bonds
Associated Builders and Contractors, Inc.
Associated General Contractors
American Subcontractors Association
Construction Financial Management Association
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