We start by analyzing a contractor’s unique risks and exposures. We then develop a risk management program accordingly. While insurance is certainly an important component of our process, we place equal emphasis on structuring a contractual risk transfer program that protects our clients and preserves their assets. We also negotiate and maintain surety credit lines on behalf of our clients and advise on non-construction performance guarantees, fidelity insurance programs, and other sources of alternative risk financing.

Specifically, Amsure provides the following risk management and insurance services to contractors:

• Strong relationships with construction insurance carriers

• Insurance program knowledge, negotiations and comparisons including loss sensitive programs, guaranteed cost plans, and captives

• Contractual Risk Transfer Analysis

• Review of Subcontractor Agreements

• Loss Prevention and Claim Cost Containment Programs including:

  • Supervisory Safety Training and Development of Formal Safety Programs

  • Loss Control Inspections

  • Job Site Surveys

  • Pre- and Post-accident Investigation Programs

  • Driver Training Programs

  • Fleet Maintenance Programs

  • Return to Work Programs

• Risk Management Training

• Claims Management Services

• 24-hour claim service

• Experience Modification Monitoring and Analysis

• Premium Audit and Classification Reviews

• Participating members of construction industry associations including:

  • New York State Association of General Contractors (NYSAGC)

  • Eastern Contractors Association (ECA)

  • Northeastern Subcontractors Association (NESCA)

  • National Association of Surety Bond Producers (NASBP)

We provide the following insurance coverage to our construction clients:

• Blanket replacement cost on buildings and contents

• Loss of Income and Extra Expense (up to 24 months)

• Equipment Breakdown

• Inland Marine

• Contractors Equipment

• Builders Risk/Installation Floater

• Commercial General Liability

• Owners and Contractors Protective (OCP) Liability

• Workers Compensation (including guaranteed cost, loss sensitive and self insurance programs)

• Automobile/Fleet Insurance

• Flood and Earthquake

• Environmental Impairment/Pollution Liability Coverage

• Umbrella/Excess Liability

• Professional Liability/Contractors Errors and Omissions

• Employment Practices Liability

• Fiduciary Liability

• Crime/Fidelity

• Employee Benefits Liability

Our bonding services include, but are not limited to:

• Strong relationships with construction surety carriers

• Negotiate Contract Surety Credit Lines on a per project and aggregate basis

• Maintain Contract Surety Credit Lines

• Review contract bid specifications and advise clients of requirements

• Interact with other client representatives (e.g., legal, banking and accounting advisors) to ensure compliance with surety requirements

• Monitor corporate and personal indemnification agreements and requirements

Our surety and fidelity practice unit provides the following specific bonds:

• Bid

• Performance and Payment

• Subdivision

• Labor and Material

• Financial Guarantee

• Maintenance

• Supply or Installation

• Site Development

• Fidelity

• Court and Litigant