Gallagher has launched Gallagher Build, a new digital service that allows our insurance consultants to quote, bind and issue Builder’s Risk (aka Course of Construction) policies for their construction clients faster than ever before. Prior to the launch of Gallagher Build, the process of attaining an insurance quote was arduous and time consuming.
The benefits of Gallagher Build include:
Gallagher Build is available for construction projects under $25M non-combustible and $10M for wood frame. Ideal projects include commercial and institutional structures. Ranging from single storey to mid-rise and can includes residential single family, multi-family low and mid-rise structures. Other target projects for this service include mixed used, light industrial, multi-tenant commercial and warehousing.
“Gallagher Build is going to have a huge impact for our clients. Current market appetite, restrictions and capacity concerns have added to the lead time when procuring and placing construction coverage. Navigating the pandemic has added further delays to the process and has had impacts on construction starts”, said Mike Hergott, Senior Vice President and National Practice Leader – Construction at Gallagher. “From budgeting to binding and policy issuance, this service gives you a range of options and an ability to tailor the solution to your needs.”
For more information on Gallagher Build, visit our web page and submit the form to access the brochure.