Stay informed on emerging issues and trends in the insurance industry.
While industry experts agree that the energy transition is required for the future health and sustainability of the planet, they also acknowledge that such change is not without risk and there are still a lot of unknowns about how the insurance industry might respond. Retail agents and brokers are wise to stay up to date on the latest developments so they can manage clients’ expectations as the situation evolves.
Because no two construction projects are the same, builder’s risk policies and coverages can vary widely depending on the insurer. For retail agents and brokers to best serve their commercial construction clients, they need to be familiar with potential risk exposures and the optional coverages available to mitigate expenses in the event of a loss.