How to Manage Catastrophic Construction Risk, Take control of unexpected problems with a CPrL policy

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By Raymond F.H. BustamanteTuesday, April 21st, 2020 According to the Design-Build Institute of America, design-build methodologies now represent 40% of the nonresidential construction marketplace and are likely to support more than $1 trillion in building projects between 2018 and 2021. This is primarily due to the ability to deliver projects faster and at lower cost than… Read more »

It Takes More Than a Certificate to Protect Owners, Developers and Contractors

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By Derek E. Steffen | Tuesday, March 24, 2020 Businesses often look for ways to protect against the risks they confront on virtually every project from design and construction through completion. This includes conducting due diligence and negotiating contracts that include the appropriate insurance coverages from the contractors, subcontractors design professionals and others involved with the… Read more »

Berkley Construction Professional Introduces Faulty Workmanship Coverage

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by Will Jones PRODUCT: Faulty Workmanship Liability COMPANIES: Berkley Construction Professional (Berkley CP), a Berkley Company BEST RATING: A+ (Superior) AVAILABILITY: Coverage is available on an open-brokerage basis. FOCUS: Until relatively recently, insurance solutions for the costs contractors incur to repair or replace defects found within their physical construction work have been virtually non-existent.

Why Every Word Counts in Design-Build Contracts

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Protect your company from a variety of project challenges through detail & careful planning By Raymond F.H. Bustamante | December 12, 2019 Design-build is quickly becoming the mainstay project delivery method for the United States commercial construction industry. According to the Design-Build Institute of America (DBIA), nearly half of America’s construction dollars will be spent on… Read more »

Raymond F.H. Bustamante and Edward L. Sheiffele, Jr. Promoted to Senior Leadership Positions at Berkley Construction Professional

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Morristown, N.J. (December 4, 2019) – Berkley Construction Professional a division of Berkley Alliance Managers, a Berkley Company, has extended its dedication to the construction professional and pollution liability marketplace with the promotions of Raymond F.H. Bustamante to managing director and Edward L. Sheiffele, Jr. to executive vice president.

Berkley Construction Professional Introduces Faulty Workmanship Liability Coverage

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Roswell, Ga. (November 11, 2019) – Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, introduces Faulty Workmanship Liability coverage that fits together with the ISO Commercial General Liability (CGL) policy with respect to property damage arising from faulty workmanship and addresses elements of property damage that are expressly excluded from the… Read more »

Ed Sheiffele of Berkley Construction Professional to Discuss Real Estate Development Trends & Challenges at IRMI Construction Risk Conference

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Roswell, Ga. (November 5, 2019) – Ed Sheiffele, senior vice president at Berkley Construction Professional a division of Berkley Alliance Managers, a Berkley Company, will participate in a panel discussion detailing Real Estate Development Errors, Omissions Risks and Insurance at the IRMI Construction Risk Conference to be held November 10 -13, at the Washington State… Read more »

Managing Design-Build Risks From Design Through Construction

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By Gina Armbruster | Friday, August 23, 2019 Design-build has become a widely-used construction project-delivery method due to the ability to complete projects quickly and efficiently while also reducing costs. However, along with these advantages are the increased risks that can confront both contractors and design professionals throughout project lifecycles.

Achieve the Best Possible Coverage Rates and Terms With Comprehensive Risk Profiles

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By Raymond F.H. Bustamante | Thursday, August 1, 2019 Too many firms grow for the sake of growth, only to suffer when the end product does not meet the client’s expectations. Managing growth with a balanced view of a firm’s own talent and core service structure helps a best-in-class contractor avoid professional liability claims. Historically, firms… Read more »