Construction
Building Smarter: The Insurance That Keeps Your Construction Projects on Track
Stay ahead of the game with builder’s risk insurance—because what you build today should never come down tomorrow.
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March 25, 2025
Commercial Construction & Risk-Controlled Operations
Protecting Builders, Subcontractors, and Developers with Purpose-Built Strategies for Contractual Liability, Site Hazards, and Compliance-Driven Risk.
Construction companies face constant exposure to liability, injuries, contract disputes, and regulatory pressures. We deliver advanced insurance strategies that protect operations, defend margins, and ensure contract compliance at every phase of construction.
72%
Of construction firms face increasing insurance costs due to site injury claims.
$1.9T
U.S. construction output in 2023 across all commercial and infrastructure sectors.
21%
Of workplace fatalites occur in the construction industry-highest of any industry.
The Unique Risks of Large-Scale Construction
From subcontractor oversight to jobsite injuries and contractual liability, construction companies operate under relentless financial, legal, and safety pressure—demanding insurance programs that align with project risk, timelines, and contractual deliverables.
Jobsite Injuries & Workers' Comp - High exposure to falls, equipment accidents, and repetitive strain.
Contractual Liability - Indemnity and insurance clauses that transfer risk to contractors and subs.
Completed Operations & Defects - Claims for faulty workmanship, structural defects, or latent property damage.
Builder's Risk Exposures - Theft, fire, and weather losses during active construction.
Subcontrator Default & Risk Transfer - Gaps in sub coverage can expose GC liabilty.
Construction firms require risk-mapped insurance solutions that protect margins, satisfy contract demands, and secure operations against high-severity claims and evolving legal exposures.
Specialized Coverages for Large-Scale Construction
General Liability with Contractual Defense
Protection from bodily injury, property damage, and completed operations claims.
Contractual liability defense built to mirror indemnification agreements.
Ideal for subcontractors, GC's, and vertical project teams.
Workers' Compensation & Employer Liability
Coverage for medical costs, wage replacement, and return-to-work.
Includes employer liabiltiy and stop-gap coverage.
Safety suppport services can reduce mod scores and future premiums.
Builder's Risk Insurance
Covers theft, fire, vandalism, and storm damage during construction.
Protection for materials on-site or in transit.
Custom limits byconstruction phase, timeline, and lender requirements.
Contractor's Equipment Insurance
Covers owned and rented machinery-cranes, earthmovers, and lifts.
Optional breakdown and inland marine extensions.
Vital for fimrs operation across multiple, high-value sites.
Subcontractor Default Insurance (SDI)
Protects from financial loss due to subcontractor non-performance or insolvency.
Alternative to traditional bonding; faster response and claim resolution.
Often paired with contract review and risk transfer audits.
Case Study
The Risks of Building the Impossible
Dubai
The Burj Khalifa
The world’s tallest building required customized reinsurance solutions due to its height, complex engineering, and high-wind exposure.
NYC
Hudson Yards
A $25 billion urban development project with integrated coverage programs to manage multi-phase construction and public-private partnerships.
Panama
Panama Canal Expansion
Environmental and structural risks necessitated specialized liability coverages for excavation, flooding, and international contractor disputes.
