When it comes to keeping the world moving, construction owners and developers are uniquely situated to push the bar forward.
Unfortunately, opportunity always comes with new risk. Regulations and contractual arrangements are increasingly complex, and managing relationships with municipalities requires time and effort. Integrated construction/design approaches and new technologies bring new uncertainties. Every new project brings new exposures.
Broadening and bolstering your portfolio and projects requires the support of a team dedicated to the construction industry, with solutions that protect owners and developers of commercial, industrial and residential properties against a variety of risks.
As an owner or developer of real property assets there's a lot to keep track of and a lot at stake. NFP’s construction experts offer specialized, market-leading capabilities to owners and developers of construction assets.
We can help you answer key questions, such as:
- How can I evaluate the insurance I am being quoted from my General Contractor?
- How can I do more to enhance safety for my team?
- Am I getting the advocacy I need to effectively manage claims?
- Is an Owner Controlled Insurance Program (OCIP) an option to consider?
- How can I evaluate the Contractor Controlled Insurance Program (CCIP)
NFP supports companies in the construction space with experts dedicated to addressing the challenges and opportunities owners and developers face. We work as your all-in-one risk management team, absorbing your business strategy and examining all areas of exposure through that lens, working to understand your risks, prioritize them and help you handle them on your own terms.
We help you calculate the cost of what’s at stake to give you a clear picture of what to address and when. Then we leverage our market insights and rally our experts to design solutions that will transfer your risk to the insurance market and help achieve your goals.