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In today’s complex construction environment, risk and exposure to risk is everywhere. Difficult insurance and construction market conditions, changing regulatory and economic environments all threaten your firm’s operations and profitability. Despite these issues, there is much opportunity. At Colonial Western, it is our job to help you maximize this opportunity.
As insurance is one of the most significant costs to your business and impacts your bottom line, your broker must have the ability to bring exposure analysis, risk management, risk retention and risk sharing capabilities to the table. Broad access to regional and national insurance carriers is critical to this process.
Colonial Western is positioned to assist you in this process and some of our services include:
- An in-depth analysis of exposure base and risk in both public and private projects
- Evaluation of existing insurance policies
- Analysis of risk retention, deductible levels
- Evaluation of risk transfer level
- Analysis and implementation of loss control techniques to prevent loss occurrence, working with our loss control specialists and carrier personnel.
- Certificate of Insurance analysis and review
- Offer options with multiple insurance carriers to align with your company’s needs
We can also provide outstanding bonding services, either directly or through our affiliate Associated Insurance Services. Our bonding specialist, Megan Gaines, has over 25 years experience in contract bonding and has representation with many of the key Surety companies in the United States.
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