Alliant Names National Wrap-Up Program Leaders

Alliant Insurance Services announced today the promotions of Kevin Dolan and Craig Graham to co-lead the national Wrap-Up insurance team for Alliant Construction Services Group. In the new leadership roles, Dolan and Graham are responsible for managing the growth of this rapidly expanding division, with a focus on delivering industry-leading Wrap-Up services to the largest… Continue reading Alliant Names National Wrap-Up Program Leaders

Construction Industry Confronts Suicides

Bayview Asphalt is a small paving company, employing about two-dozen people. Over the past decade, the Seaside, Ore., business has lost two employees to suicide. The company isn’t alone in the industry in dealing with such tragedy. Among occupations in the U.S., workers in construction and extraction face the highest rate of suicide, according to… Continue reading Construction Industry Confronts Suicides

Berkshire Hathaway Specialty Insurance Enters Spain

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has further expanded its global footprint opening a new office in Madrid, naming Ignacio Almazan as Country Manager in Spain. “Putting down roots in Spain enhances our ability to service both local customers and multinationals in Europe,” said Chris Colahan, President, BHSI, UK and Europe. “Ignacio… Continue reading Berkshire Hathaway Specialty Insurance Enters Spain

Arthur J. Gallagher Acquires Allied Insurance Brokers

AIG and Stone Point Capital

Arthur J. Gallagher & Co. today announced the acquisition of Pittsburgh, Pa.-based Allied Insurance Brokers and its subsidiary, Ascinsure Specialty Risk. Terms of the transaction were not disclosed. Founded in 1982, Allied Insurance Brokers specializes in offering insurance and risk management services to crane, scaffold and equipment dealers throughout the United States, and nonprofit social… Continue reading Arthur J. Gallagher Acquires Allied Insurance Brokers

Willis Towers Watson Appoints Jim Dunlap to Lead its Construction Broking Business in North America

Willis Towers Watson, a leading global advisory, broking and solutions company, today announced the appointment of Jim Dunlap as head of Construction Broking in North America. In this role, Dunlap will oversee the insurance brokerage offerings aimed at its portfolio of construction clients, including contractors, project owners, developers, architects and engineers in North America. Based… Continue reading Willis Towers Watson Appoints Jim Dunlap to Lead its Construction Broking Business in North America

Economic Growth and Specialization Bolstering Inland Marine Expansion: Best

The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018 from $13.3 billion in 2009, according to a new AM Best special report. The Best’s Market Segment Report, titled, “Economic… Continue reading Economic Growth and Specialization Bolstering Inland Marine Expansion: Best

Aon Creates New Global Construction & Inland Marine Unit

Aon on Jan 1 renewals

Global insurance and reinsurance broker, Aon, has announced the combination of its Construction & Engineering and Inland Marine teams into a single practice within its Reinsurance Solutions operation. The new unit will be known as the Global Construction & Inland Marine practice group, and Aon states that its formation reflects recognised synergies in the separate… Continue reading Aon Creates New Global Construction & Inland Marine Unit

Program Brokerage Corporation Announces New Insurance Program for Trade Contractors in New York State

Program Brokerage Corporation (PBC), a leading wholesale insurance brokerage firm announced the launch of a new, comprehensive insurance program for Trade Contractors in New York State. The specialized insurance solution, underwritten by an A rated carrier, offers a wide range of coverage with no “action-over” or labor law exclusions. Through this robust new offering, both… Continue reading Program Brokerage Corporation Announces New Insurance Program for Trade Contractors in New York State

Arthur J. Gallagher & Co. Acquires Surety Solutions

World Business teamwork puzzle pieces 3d rendering

Arthur J. Gallagher & Co. announced the acquisition of Salem, Oregon-based Surety Solutions LLC and Agency Multiplied Inc. Terms of the transaction were not disclosed. Surety Solutions is a surety-focused agency that specializes in offering surety bonds for mortgage brokers, artisan contractors and other industries across the United States. Agency Multiplied developed the bond processing… Continue reading Arthur J. Gallagher & Co. Acquires Surety Solutions

Allianz Report: 2018 Will Hit A New High for Plant Theft Claims

Allianz launches financial lines claims inhouse

Allianz Engineering, Construction & Power is reporting a significant increase in plant theft – year on year and predicts a new high will be hit for this year. Up 55% since 2013, Allianz Engineering, Construction & Power’s own data shows the business dealt with 428 cases of plant theft in 2013 and the latest figures… Continue reading Allianz Report: 2018 Will Hit A New High for Plant Theft Claims