Construction environments are complex. Risk management pervades almost all aspects of the construction process, while fluctuating market conditions, unstable regulatory environments and global economic shifts affect a construction firm's day-to-day operations. Knowing how to get coverage for all of these conditions can seem, well, overwhelming.
...Fluctuating market conditions, unstable regulatory environments and global economic shifts affect a construction firm's day-to-day operations.
The best place to start is to evaluate project-related risks. Determine what's appropriate to insure in conventional insurance markets and what's not.
It's important to establish an appropriate level to accept some monetary level of deductibles or retention through a thorough analysis of claims history. When looking for insurance companies, try to find firms with a solid and long-lasting reputation to know your company is in good hands—look for Loss Control that focuses your needs and helps prevent future claim activity.
Our services include Consulting, Contract Analysis, Alternative Risk Management, Claims Management Outsourcing, Risk Premium Financing, Surety Credit Project Enhancement and more.
Finding better answers to your complex insurance and risk management questions is our specialty. Our application of appropriate risk-transfer solutions has helped improve profitability and ultimately expand our clients' businesses with insurance management services catering to their needs. Get a quote.