HUB International has introduced Hub Builder’s Risk Insurance Solutions, a comprehensive insurance and risk management offering tailored for project owners, general contractors, and developers involved in both frame and non-frame projects.
This initiative aims to streamline the process of securing insurance coverage, ensuring compliance with carrier underwriting requirements, and mitigating project risks and delays.
Hub’s Builder’s Risk Insurance Solutions encompass a wide range of services designed to address the diverse needs of construction projects. The program utilizes third-party vendors with “highly-rated” credentials to deliver top-notch mitigation solutions. Additionally, it features a proprietary mobile application that provides stakeholders with complete visibility and oversight of carrier requirements for each project.
Speaking about the launch, Kirk Chamberlain, Hub Executive Vice President of the Construction Specialty Practice, said: “The complex and often time-consuming process of engaging multiple vendors and contractors for mitigation systems can pose significant financial and logistical burdens. We understand these challenges and now offer a complete solution for clients.”
He added: “HUB Builder’s Risk Insurance Solutions provides appropriate insurance protection plus the peace of mind of knowing all underwriting requirements have been met, and the project is adequately protected against theft, fire or water damage.”
