Insurance placement – exploring choices in a hard insurance market; negotiating the exclusions and endorsements in insurance policies; making your company attractive to prospective carriers; ensuring that sure your company has the appropriate coverage it needs for foreseeable risks; wrap-up policy (OCIP) placement and administration. Insurance coverage -- getting the most from your policies; reducing company dollar payments in both indemnity and defense; carrier sharing and allocation agreements; getting subcontractors to pay your defense through additional insured endorsements; and Construction Risk Management -- subcontractor agreements that transfer the burden of performance to the subcontractor; effective indemnity provisions; additional insured endorsements that compel your subcontractors’ carriers to pay for your defense; warranty programs and policies that will satisfy homeowners and help avoid litigation; home purchase agreements; review of indemnity and insurance requirements in land purchase, joint venture and loan documents; SB800 implementation and compliance. Litigation management – making sure that insurance panel counsel looks out for your best interests; creating a defense that protects you, not your insurance carrier; enforcing indemnity agreements; acting as the homebuilder representative at mediation; protecting your policy limits. |