Construction Industry Practice
When you partner with our team of dedicated construction experts, you’re tapping into decades of practical experience gleaned from partnering with clients in all areas of the construction industry. Whether you’re a contractor, tradesmen, developer, or lender, we’re able to align construction insurance and risk management solutions to even the most complex projects, operations, and portfolios. Our team is here to help you find solutions that keep you competitive, protect your people, and safeguard your investments.
FEATURED INSIGHTS
Expertise that elevates your success
From high-rise office buildings and residential homes to infrastructure, each construction project carries unique challenges and opportunities, influencing its risk management and insurance needs. Our team of experts in construction and real estate understand these dynamics and work to align solutions with your goals. We help you navigate industry trends, insurance market shifts, and global events, for proactive risk management, aimed at protecting your assets, operations, and profitability.
STATE OF THE MARKET
What’s in store for the 2024 construction market?
LENDER INSURANCE REQUIREMENTS
Key considerations when reviewing lender’s requirements
CULTIVATED KNOWLEDGE
100+ professionals dedicated to construction
COLLABORATIVE PARTNERSHIP
Redefining the advisory experience
Being a true partner involves more than just transactional support. It means we commit to helping you protect your business and its employees so you can focus on the possibility of what’s next. Our advisors are embedded in the construction industry. With a deep understanding of the challenges and operational realities our clients face, we have the experience, clout, and creativity to design innovative products and solutions for your distinct needs – whether you’re a contractor, architect, or owner managing a project or expansive portfolio.
FUNDAMENTAL SOLUTIONS
Customized to deliver powerful outcomes
You’re at the forefront of building tomorrow. And we deliver an extensive suite of insurance, surety, and risk management solutions that
help protect your employees and assets to safeguard your business.
Surety
As a leading surety advisor, our team develops surety solutions for clients in the construction and commercial sectors. Our significant experience and expertise allow us to gain a deep understanding of your business and create surety solutions tailored to your needs.
Claims
Management
Our unwavering advocacy and ongoing consultation in conjunction with our tailored claims management procedures serve as the blueprint for managing claims to help protect your bottom line.
Loss Prevention Consulting
Combining our knowledge of construction risk, an understanding of your specific project challenges, and corporate expectations enables us to deliver safety management solutions that help protect your people and operations.
AUDIENCE TAILORED
An approach as unique as your projects
We set you up with the building blocks for success – a nimble, goal-focused team, a long-standing respect of the market, and a comprehensive approach to risk management that accounts for specific construction vulnerabilities, not just the standard risks.
Building your insurance and risk management program begins with a deep dive to assess your exposures and risk appetite. After generating a complete view of your specific risk profile, in collaboration with you, we determine strategic priorities, loss control strategies, alternative risk solutions, and master programs to help protect your investments and increase profitability.
Owners
Subcontractors
Developers
Engineers
General contractors
Architects
COVERAGE SNAPSHOT
Products designed to perform
Our expertise and specialization in construction allows us to tailor our products to align with your needs, goals, and possibilities for the future.
Subcontractor Default Insurance (SDI)
We work with clients to ensure that all parties understand the implications of an SDI program and are positioned to manage it effectively.
Construction Liability Wrap Up Insurance (OCIP & CCIP)
Whether modeling a rolling or stand-alone program, we negotiate and place our sponsor’s wrap-up-controlled insurance programs (CIPs) in a way that lends stability to the overall financial picture of the project.
Builder’s Risk Property Insurance
With access to markets that provide affordable and robust coverage, we’ve got contractors and homeowners covered.
Worker’s Compensation Insurance
We help clients understand the basis of cost, how to prepare for audits, and how to uncover added savings through safety programs.
PROGRESSIVE SERVICES
Differentiated capabilities, tangible results
Your dedicated construction team will provide you with risk mitigation expertise and services you can count on to help ensure the success of your construction projects and programs of any scale. We strive to do what’s best for our clients and collaborate closely to deliver exceptional results.
Captives
Public/private partnerships
New York labor law
Modular construction
Residential Risk
Mass Timber Construction
REAL ESTATE COLLABORATION
Continuity in solutions
While both the construction and operational aspects of a project have distinct risk management and insurance needs, almost all owners and managers of operational assets have some construction and development occurring within their portfolio. We can help our clients through all phases of their real estate life span and provide continuity in services and solutions. As your trusted partner with expertise in risk transfer and insurance products associated with both development and operational real estate, we act as your air traffic controller, coordinating your insurance and risk management solutions as your portfolio and investments evolve.
Our real estate expertise spans numerous areas, including:
- Management liability, across all phases
- Commercial buildings
- Property developers, owners, and managers
- Contractors
- Lenders
- Subcontractors
THE BALDWIN GROUP INSIGHTS
Stay in the know
Our experts monitor your industry and global events to provide meaningful insights and help break down what you need to know, potential impacts, and how you should respond.
Build your path to the possible
When you decide to partner with us, you choose to protect your now and your future with solutions and professionals as unique as your business.