New Highway, Street & Road Contractors Insurance Program Offered as Road Construction Outlook Improves
Brunswick Companies Offers Insurance Plan to Help Transportation Construction Contractors Cope with Changing Insurance and Risk Management Needs
Press Release
FAIRLAWN - August 31, 2009 - Brunswick Companies announced today that its Commercial Insurance division stands ready to assist highway, street and road contractors with a new program developed to address their specific insurance and risk management needs.
Transportation Project Outlook Improving
The growing emphasis to improve the nation's transportation infrastructure is providing new opportunities for highway, street and road contractors to grow their business. The public demand for maintaining and adding to our country's four million miles of roads remains strong. That demand, combined with the potential that funds from the American Recovery and Reinvestment Act may make their way to state and local governments, has recently improved the range of opportunities available to transportation contractors.
Increased Opportunity May Also Mean Increased Risk
"Highway, street and road contractors face situations that are unique to their industry and as situations change, they need to make sure their insurance coverage and service keeps pace," stated Michelle Hirsch of Brunswick Companies. "Contractors should check with an insurance adviser experienced in the construction industry to ensure that they are working with an insurer that is financially sound and that has proven experience and broad knowledge of the transportation construction industry."
Brunswick Companies Specializes in Serving Construction Contractors
Hirsch went on to explain that Brunswick Companies' team of commercial insurance specialists works one-on-one with their clients to identify the insurance plan that best suits their specific needs. With over 35 years of insurance and risk management experience, Brunswick has the know-how and industry contacts to match contractors' needs with the plan that best suits their financial and risk management goals.
Our risk managers have specialized in meeting the unique insurance needs and risks of the construction industry and have assembled a team with an in-depth understanding of the construction business to better understand the issues faced by contractors today. Hirsch stated, "A thorough understanding of construction risks and the insurance products that are available to address transportation contractors' unique needs (such as the new Travelers' program described below) are the key to developing a customized commercial insurance solution that reduces our clients' cost of risk and improves their bottom line."
Great Rates on Surety Bonds
We are a full-service, national surety bonding agency, specializing in surety bonds for both general contractors and trade subcontractors.
For over 35 years, we have been providing our clients with:
- Great rates on surety bonds
- Fast, responsive and knowledgeable service
- Access to a wider selection of surety providers
- Competitive rates on all types of surety bonds
- Guidance through the process of obtaining surety insurance
- A proactive approach to improving your access to surety credit
- Assistance with specialized surety bonding needs
- A complete range of insurance and risk management products and services for the construction industry.
Working with an experienced surety broker can provide an edge in obtaining the best pricing. Mark Levinson, the leader of our surety insurance group, has developed strong relationships with the leading surety bond underwriters so that we may provide our clients with access to more favorable terms and conditions.
New Travelers Construction Insurance Program Designed for Transportation Contractors
For instance, Travelers Insurance recently introduced a new insurance program specifically designed to meet the exposures and needs of highway, street and road contractors. This program addresses:
In addition, the following features can be customized to fit your needs:
This road contractors insurance program provides a total solution for highway, street and road contractors with 20 or more employees. A collection of safety and risk management resources is available to help contractors meet their risk management and safety challenges.
Source: Insurance News Net
To request additional information or request a quote, download the following applications or call Michelle Hirsch at 800-686-8080.
Download Application:
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