Construction Practice & Wrap-Up Programs

Developers and contractors look for tools to make them more competitive and more profitable in today's aggressive business environment. A single insurance programs that can provide the comprehensive coverage of multiple policies while reducing costs can mean a competitive edge.

Construction Practice & Wrap-Up Programs offer an array of comprehensive core casualty coverages to protect against most types of construction risks and are designed to reduce costs versus traditional insurance programs. Additionally, construction practice and wrap-ups close coverage gaps, reduce redundancies, offer cohesive claims and loss control capabilities, and increase coverage and limits.

Features and Benefits Back To Top
  • Features

    Practice and Wrap-Up Programs
    Includes workers’ compensation, commercial general liability, architects and engineers errors &
       omissions, builders’ risk, pollution and other coverages
    -  Account size starting at $100,000 premium for Workers' Compensation, General Liability, and
       Automobile Liability
    -  Broad underwriting appetite
    -  Portfolio of Guaranteed Cost and Loss Sensitive products
    -  Fully integrated program to help manage client's underwriting, loss control and claims needs

    Wrap-Up Specific Programs
    -  Facilitates higher limits
    Available for single and multi-site projects
    -  Coverage for long-term, multi-year projects
    Well-suited for projects with costs that exceed $50 million
    -  Insures private, public and P3 (Public-Private-Partnerships) projects
  • Benefits

    -  Fully integrated program with
    -  Dedicated account service managers who work with client to help reduce the total cost of risk
    -  Our loss prevention services support the successful implementation of the Project Safety
        Program for each construction account
    -  Access to the RiskTool® System - an web-based solution to help insureds reduce
       and identify safety risks in the workplace
    Eliminates co-insurance risk
    -  Experienced underwriters in offices across the United States dedicated to the construction
        industry
    -  Insurance audit services coordinated by a Lead Auditor who works with clients from the
        beginning to final audit
    -  Accuate and timely processing of premium and collateral adjustments
    -  Access to a 24-hour Catastrophic Response contact
 

This dedicated group handles primary property and casualty claims on a national basis, with four regions covered by offices in New York, Los Angeles, Boston and Chicago.  Our claims staff is co-located with underwriting, loss control, and members of the Account Service Management team.

Construction Claims Advantages

-  Chartis has been a provider of specialized claims services to the construction industry for over 15
   years. Our dedicated construction claims staff averages 15 years of industry claims experience
   and are licensed to adjust claims in all states.
-  Nearly 4,500 claims and service professionals dedicated to Workers' Compensation, Primary and
   High Severity Specialty claims.
-  Since our inception, we have closed over 300,000 construction claims and generated over $3.3
   billion in claim payments.
-  Paperless environment ensures consistent, uninterrupted service of claims handling.

  • Designated Construction Claims Teams for:

    General Liability and Automobile Liability
    -  Dedicated Construction-only casualty claims offices and adjusters located in New York, Boston, Chicago
       and Los Angeles and licensed to adjust claims in all U.S. jurisdictions
    -  Claims service professionals co-located with underwriters, loss control engineers and account
       service management staff to maximize communication
  • Workers' Compensation
    -   21 Workers’ Compensation service centers with designated Construction claims staff
    -   Workers’ Compensation Claims division includes over 900 technical staff deployed in 26 states
    -   Proactive early return-to-work focus reduces temporary disability days
    -   Range of proven and leading-edge Medical Management strategies ensures quality care for injured
        workers
    -  Significant experience in virtually every jurisdiction
    -  Full use of Chartis proven litigation management program
    -  Extensive experience handling customized employer requirements and special account instructions
    -  Comprehensive catastrophic claim experience with immediate, nationwide response
    -  Technology:
       -  Online documentation of every claim’s status and disposition plan in claims progress report
       -  IntelliRisk® Advanced: Risk management information system

  • Primary Severity Claims Unit (PSU)
    -  Handles catastrophic bodily injury and property damage claims where Chartis writes both the primary and umbrella policies
    -  A dedicated team of highly experienced file handlers with broad exposure to wrap-up programs and other construction specific policies

  • Construction Defect and Excess Construction Defect
    -  Dedicated offices with highly experienced claims staff

  • Architect and Engineers Professional Liability Claims
    - Dedicated claim office in Boston, MA providing contract review services (within 48 hours), pre-claim prevention, and service and risk management seminars

  • Crisis Solutions
    - Crisis Response® - Built-in crisis management enhancement included at no additional cost:
    - 24-hour hotline with access to claims specialists
    - $250,000 of additional policy limits to cover immediate expenses on excess policies
    - Catastrophe Advantage ProgramSM (CAP) – Identifies the most vulnerable insured locations and
    secures priority access to vital claim adjustment resources prior to hurricane landfall, optimizing response

  • To report a claim:

    Tel: 800-910-2667
    For emergency claim reporting outside normal business hours, call toll-free: 888-244-2736

    To check the status of a claim or for general claim inquiries, call 866-642-5246 (Eastern Zone) or 877-802-5246 (Western Zone).

Marketing Material Back To Top