Contractors continue to face an ever-growing list of risks and exposures that can delay and damage any given operation.
Increasingly complex contractual agreements, lawsuits, regulations and new technologies can complicate an organization’s management liability exposures. Whether it’s neighbors, employees or clients risking the security and integrity of your property or your data or problems with municipalities and permits holding up your operation, NFP offers expertise specific to management liability risk management and insurance placement for contractors in the construction industry.
When placing management liability programs for contractors, we take a distinct approach. Factors other than your traditional exposures can impact your coverage needs and pricing, and insurance partners who fully understand your needs and goals, in addition to your exposures, will always obtain the best results for you.
NFP has exceptional relationships with carriers offering management liability coverage for construction. We understand their risk appetites and flexibilities with regard to specialized coverage provisions. Our goal is to work with you to optimize a management liability program with the insurance partner that best fulfills your risk management and coverage needs, including special coverage attention toward:
- Crime insurance
- Cyber insurance
- Directors and officers liability
- Employment practice liability
- Fiduciary liability
- General partnership liability
- In-depth claims analysis
- Kidnap and ransom insurance
- Mergers and acquisitions liability
- Professional liability insurance (E&O)
Our experts can help you to evaluate and pursue risk management strategies to mitigate your management liability exposure, ranging from robust contracting practices that can provide a strong line of defense against potential exposures, to sophisticated insurance programs designed to respond comprehensively to losses.