Your source for construction industry news in the Carolinas
Marsh McLennan (NYSE: MMC), a global leader in risk, strategy and people, today announced that it has reached an agreement through its Marsh McLennan Agency business to acquire McGriff Insurance Services, LLC, an affiliate of TIH. McGriff is a leading provider of insurance broking and risk management services in the United States, with $1.3 billion of…
Vantage Group Holdings Ltd. (Vantage) launched today its U.S. Large Property offering through its U.S. insurance subsidiaries, further extending the company’s insurance capabilities for its brokers and clients. Vantage’s new U.S. Large Property team builds on the group’s existing property expertise and sustained portfolio growth. Designed to serve a broad range of middle market and corporate…
Owens Insurance Agency, an independent insurance agency with a 70-year presence in the Upstate region of South Carolina, has promoted Chad Hannon, CLCS, to Market President for the agency’s home office in Greer, South Carolina. In this role, Hannon will focus on continuing to grow the commercial side of the business, which accounts for about…
Operating any business, especially a construction business, requires the company to purchase insurance as a form of protection. The costs of insurance can be substantial to ensure the company is adequately covered and protected. Insurance costs tend to increase depending on the level of risk of the company. Besides shopping for competitive insurance policies, are…
Charlotte-based Catalyst Surety Partners, LLC (Catalyst), with plans to open a Columbia office in April, recently announced the formal launch of a commercial insurance division. Since the agency’s founding in 2014, Catalyst’s singular aim has been to help contractors succeed. To date Catalyst has worked to live up to that aspiration by providing just one…
Change. Transformation. A touch of chaos. Sentinel’s 2020 Insurance Market Forecast reads like a good suspense thriller. And like all great books do, this one ends with the good guys (that’s you, commercial insurance consumer) coming out on top. Provided, of course, that your business’s risk management house is in order. Download Report
Construction is a risky business, which is why builder’s risk insurance can help your business. Unforeseeable forces, like fire or other natural disasters, can destroy or damage new construction. They can also push back the timeline causing financial harm to owners and subcontractors. What is Builder’s Risk Insurance Builder’s risk insurance is a type of…
