Reducing claims and claim costs requires minimizing accidents and improving construction companies’ standing with insurance companies. Here are key strategies to doing this in 2020.
The Importance of Risk Transfer Strategies Construction
Risk transfer strategies can help a contractor defend and resolve construction related claims and lawsuits.
Forethought Is Key to Overcoming Construction Calamities
Here’s a lesson on what not to do when something is not right on a construction project. The right insurance policies and due diligence on the general contractor's part could have averted a tragedy.
How Surety Bonds and Subcontractor Default Insurance Round Out Construction Risk Management
Protections against subcontractor default are essential risk management tools, making it critical to understand the roles of surety bonds and subcontractor default insurance.
Protect Against Adverse Events With Parametric Insurance
Parametric insurance covers a specific modeled event such as project disruption due to weather, fluctuating cost of construction labor and materials and skilled labor shortages.
The Secret to Lowering the Experience Modification Rate
The experience modification can have a significant impact on a company’s operations and profitability. A culture of safety and good claims management practices can keep the mod rate low.
What Is a Duty to Defend?
Before signing a contract, know what a duty to defend and why it is such a valuable provision, when the duty attaches and when it ends, and the consequences of an insurer failing to defend an insured.
Insurance for Construction Startups
A comprehensive insurance program protects contractors against risks such as faulty design or workmanship, physical damage to the project and injuries to employees or third parties.











