Working with our broker partner on a heavy highway project, New Day structured two separate project Contractor’s Protective Professional Indemnity (CPPI) programs with one of our carrier partners. Forced with the possibility of having to purchase project professional liability for the design professionals, the insured sought out alternatives where they could control the program by […]
New Day’s broker partner provided New Day authorization to work on this renewal business with incumbent carriers as well as other markets. The insured has a very complex ownership structure and provides a variety of traditional construction/excavation as well as environmental services. On this account there were few competitive alternatives to the incumbent carriers for […]
New Day partnered with the retail broker and the insured to enhance an existing Contractor’s Protective Professional Indemnity (CPPI) policy. This teamed approach involved New Day and our broker partner meeting and working with the Insured on several contracting and coverage issues. New Day’s efforts included the following: Assessing the previous coverage Making recommendations on […]
New Day was authorized by one of our broker partners to work with the incumbent carrier for Contractor’s Protective Professional Indemnity Insurance (CPPI) coverage for a $500,000,000 construction firm. Even though New Day was asked to provide insight and perspective on market alternatives on the account, the focus of the renewal process was to advance […]
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