Construction
Harbor Group Consulting successfully manages and mitigates the rising complexity of construction projects and their unique risks.
Solutions and Strategies Designed to Protect Your Bottom Line
In the ever-evolving construction industry, businesses are vulnerable to a variety of exposures that may arise due to a large number of project stakeholders, high probability of claims filed during or after the construction process and compliance requirements that vary by project type, state and country. We protect clients throughout the project’s entire lifecycle by developing a comprehensive risk management strategy tailored to their needs.
Customized Coverage for the Construction Industry
Our analytical approach includes coverage reviews in areas such as commercial liability, builder’s risk, terrorism and catastrophic risks, surety/subcontractor default insurance, environmental liability and professional liability.
Holistic Risk Management Approach for Lending
We ensure that policy terms and limits protect the collateral and lender, and our analysis addresses and resolves significant coverage gaps due to form, carrier and endorsements. We also identify non-insurable material risks and partner with clients’ legal counsel so that proper alternative risk mitigation strategies are in place at the loan closing.
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