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Construction Insurance News

09 Aug 2016

Braemar Adjusting agrees Strategic Partnership in S. America

Braemar Adjusting has agreed a strategic partnership with Beckett Liquidadores de Seguros S.A of Chile, to act as its local resource partner in a number of countries in South America. Braemar Adjusting provides Loss Adjusting, Risk Assessment, Legal/Expert Witness and Dispute Resolution services to the Energy, Marine, Mining and Construction insurance industries, through its strategically-located global network of offices. As a result of the arrangement, Beckett Liquidadores de Seguros S.A. will become an integral part of this network by representing Braemar Adjusting in Chile, Argentina, Peru and Bolivia. This Strategic Alliance will…

28 Mar 2013

‘Parallel Track’ at Upcoming IMUA Meeting

The Inland Marine Underwriters Association (IMUA) annual meeting will be held in Atlanta, May 19-22, 2013 and will feature Parallel Track. The Parallel Track addition is specifically focused on newer, less experienced inland marine underwriting and claims personnel. Continuing education credits will be offered to assist producers and other interested parties in meeting their state insurance licensing requirements. The Parallel Track, which was first introduced two years ago at the association’s Chicago Annual Meeting, will consist of a series of seminars and workshops patterned after the IMUA’s Intro to Inland Marine Course and will run parallel to the more in-depth educational sessions being presented.

28 Jun 2012

Marine Construction:

Protecting Contractors As They Enter New Waters. As the economic recovery continues to sputter along, construction companies eager to land any available projects have found themselves bidding outside their normal scope of work. Maritime construction is one such industry that has seen an increase in contractors who may not typically work on marine-related projects, thereby increasing the likelihood that individual projects may fall outside their skill set. While contracts in marine construction present opportunities for income…

03 Aug 2011

Travelers Develops New Marine Construction Insurance Package

Whether building piers and docks, repairing bridges or retrofitting port facilities, construction contractors experienced in working along the waterfront are in demand. To help construction contractors manage both the marine and non-marine exposures that come with working in and around the water, Travelers has developed the Marine Construction program, an insurance package that combines specialized underwriting, risk mitigation solutions and claim services. “Construction contractors who work around the waterfront face a number of complex risks when managing marine, non-marine and contractual liability exposures,” said Virginia Cameron, Chief Underwriting Officer, Travelers Ocean Marine.