Spending in the construction industry now exceeds $4 trillion and let’s face it; construction is risky business. Read the daily headlines and you will most likely find a story highlighting a lawsuit in the construction industry involving allegations of construction defect or major property damage to a building. Even worse, you will find stories about accidents on jobsites involving a fall from scaffolding or a crane collapse, sometimes resulting in fatalities. Stepping onto a jobsite puts you, your construction company and your employees at risk for accidents and lawsuits with potential losses in the millions. Is your business protected for all the risks associated with operating a construction company?
Since 1982, Swingle Collins has helped with contractors insurance programs for construction companies. As a matter of fact our contractors insurance programs are specifically designed to protect our clients from the threat of financial loss. With our unique approach to contractors insurance, we are able to proactively build cost effective insurance programs to suit the needs of your construction company. We also work with our carriers to tailor a contractors insurance program and safety program to help avoid losses from occurring. The relationships we have with our carriers allows us to provide competitively priced contractors insurance programs on a guaranteed cost or loss sensitive basis. Whether you are a general contractor, subcontractor or a specialty contractor, we can help your construction company in all aspects of your property and casualty contractor insurance needs.
Insurance programs and services we offer your construction company:
Through our proactive approach in managing contractor insurance program we provide the following services to your construction company:
- Claims management:
- Quarterly review of reserves to ensure accuracy of reporting to NCCI
- Assist in resolution of claims with company adjusters and our in house counsel
- Review factors and underlying causes of poorly trending loss history
- Audit review:
- Determine accuracy of audits
- Assist in audit dispute when there is a discrepancy in class codes
- Risk Transfer review:
- Thorough review of subcontract agreements, indemnity and hold harmless wording
- Additional insured forms
- OSHA training and compliance services
- Reduction of workers’ compensation claims cost through return to work programs tailored to the construction industry
- Online and classroom training available for OSHA 10 Hour Supervisory training
