Gallagher UK’s Post

🏗️📊 Did you know #Novatae offers Trades Tracking, a game-changer for home builders and other industries needing to manage #insurance documentation? Here's how it works: • Collects all required insurance documentation from subcontractors. • Completes a manual review of each document. • Provides a detailed report on compliance to the builder. • Puts the builder back in control of their risk management efforts. Learn how Trades Tracking can benefit your business and improve insurance terms. #TradesTracking #RiskManagement #NRG

Is your business facing insurance challenges like rising premiums, higher deductibles, and new exclusions? Captives might just be the solution you need. Captives offer customizable coverages to help you navigate legislative changes, administrative actions, and business interruptions. If you already have captives in place and require assistance with management and compliance, we've got you covered. Moreover, with employee benefits and administrative costs on the rise, captives can provide cost-effective solutions tailored to your needs. Let's delve deeper into how captives can empower your business with customized risk management strategies. Reach out to tlarue@risk-strategies.com or call 949-201-0410 to start taking control of your risk and outcomes today!

🔒 Enhance your construction project's risk management with wrap-up insurance! Join us on June 18th for the webinar "A Deep Dive on Wrap-Up Insurance in Construction." Topics covered include: ✅ Project fit determination ✅ Owner and developer support strategies ✅ Key benefits and cost savings ✅ Managing subcontractor compliance 🔗 Don't miss out! Register here: https://hubs.ly/Q02B50-R0 #Construction #Insurance #Webinar #RiskManagement #CRSolutions

Navigating insurance can feel overwhelming, especially if your broker doesn’t fully understand the specifics of your industry. Terms like “latent defects” or “subrogation” are more than jargon in the building and construction industry. They are key to effective coverage and risk management. Pro Tip: Partnering with a broker who understands the language and risks of your industry helps build clear communication and trust. Ensuring that every aspect of your coverage is tailored to your needs, and you get relevant, reliable advice every time.

𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐂𝐚𝐫𝐫𝐢𝐞𝐫𝐬 𝐋𝐨𝐯𝐞 𝐚 𝐒𝐨𝐥𝐢𝐝 𝐑𝐢𝐬𝐤 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐏𝐫𝐨𝐠𝐫𝐚𝐦 Whenever I talk to underwriters about clients in the contracting or transportation space, I’m always surprised by how much they care about what a company is doing to mitigate risks. Logic might suggest that a company’s loss run reports (an insurance term for measuring losses and claims history) would tell underwriters everything they need to know about the likelihood of future claims. However, they still need to know about the steps you’re taking to prevent accidents from happening. 𝐓𝐰𝐨 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 𝐟𝐫𝐨𝐦 𝐓𝐡𝐢𝐬: 1. 𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚 𝐜𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐢𝐧𝐠 𝐜𝐥𝐚𝐢𝐦𝐬 𝐡𝐢𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐠𝐨𝐨𝐝 𝐚𝐠𝐞𝐧𝐭 𝐜𝐚𝐧 𝐡𝐞𝐥𝐩 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐠𝐫𝐚𝐦𝐬 𝐭𝐨 𝐫𝐞𝐝𝐮𝐜𝐞 𝐜𝐨𝐬𝐭𝐬. Even if your past record indicates higher risk, insurers are often willing to adjust pricing if you can show a solid plan for improvement. 2. 𝐔𝐧𝐝𝐞𝐫𝐰𝐫𝐢𝐭𝐞𝐫𝐬 𝐰𝐢𝐥𝐥 𝐫𝐚𝐢𝐬𝐞 𝐲𝐨𝐮𝐫 𝐫𝐚𝐭𝐞𝐬 𝐢𝐟 𝐲𝐨𝐮 𝐜𝐚𝐧’𝐭 𝐜𝐥𝐞𝐚𝐫𝐥𝐲 𝐞𝐱𝐩𝐥𝐚𝐢𝐧 𝐲𝐨𝐮𝐫 𝐫𝐢𝐬𝐤 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐠𝐫𝐚𝐦𝐬. Underwriters analyze every detail, and without a clear picture of your safety measures, they might assume your positive loss history is just a fluke.

Mitigating construction risks is crucial for project success. Find out how insurance can help in Marsh McLennan Agency's report.

Are you fully vetting your real estate contractors? Ensure they have the right insurance to protect your investments. 🏗️🔒 Picture this: You hire a contractor, and an accident exposes you to unexpected expenses and legal troubles due to inadequate insurance. Avoid these risks by ensuring your contractors are properly insured. 💼🛠️ Proactively safeguard your assets by partnering with us to review and enhance your contractor vetting process. Together, we can secure your investments against unforeseen liabilities and strengthen your risk management approach. 🛡️💡 Don't wait for surprises. Contact us to bolster your defenses now: https://hubs.la/Q02w_tX90 #LibertyCompany #RealEstateInsurance #RiskManagement #ContractorVetting #ProtectYourInvestments

Our latest whitepaper provides in-depth guidance on developing a robust business continuity plan, complete with funding through key person insurance. Don’t leave your business vulnerable to unexpected risks! What should happen if a key leader was suddenly unavailable? Download it here: https://hubs.li/Q02SCRrD0

Are you ready to tackle the challenges of the fast-evolving Insurance Industry? Our PRIME BPM eBook is packed with essential insights to keep you ahead of the game! You’ll discover how you can: - Stay on top of risk and compliance requirements - Drive long-term cost optimisation - Meet rising customer expectations - Ensure seamless M&A transitions - Boost your risk management strategy. Download the free eBook>> https://lnkd.in/gY_WyJGX #Insurance #InsuranceIndustry #RiskManagement #BusinessProcessManagement

Unlocking Insurance Success: A Masterclass for High-Net-Worth Individuals Discover the secrets to insurance mastery and maximize your success in this exclusive masterclass. Quantum Insurance Services, founded by CEO [Your Name], provides expert risk management for high-end clientele. Learn how to strategically incorporate insurance into your financial portfolio for optimal results. #InsuranceSuccess #RiskManagement #FinancialPortfolio #HighNetWorthClients #ExpertAdvice #InsuranceMastery #QuantumInsuranceServices #WealthManagement #FinancialStrategies #ExclusiveMasterclass