Construction Insurance
Since 1948, we have focused on servicing the distinct insurance and bonding needs of contractors. Today, through strong relationships, industry expertise and an unwavering commitment to personalized service, we’ve grown to become one of the largest surety and insurance agencies for contractors in the Intermountain West. Our insurance and surety products have supported major construction projects throughout the country, including work in the government, institutional and private sectors.
Our experienced team is uniquely qualified to provide bonding and insurance services and insurance to general contractors, sub-contractors and specialty contractors in today’s ever changing construction field. With access to premiere construction insurance and surety markets, we do the legwork to find you the most cost-effective insurance and surety programs to meet your specific needs. Clients can expect straight answers and solid advice.
Dale Barton’s construction division includes bonding and insurance professionals who know the construction industry inside and out. We have long-standing relationships with insurance and surety executives and underwriters. We are members of and participate in many construction related trade associations and we have a 24/7 accessible in-house claims department, ensuring speedy claims resolution.
Surety Department
Construction Surety
The Surety Department at Dale Barton has a well-deserved reputation as the leader in the surety business in the intermountain west. We:
- Represent hundreds of contractors in every segment of the construction industry
- Have excellent relationships with the leading surety companies
- Have former surety company bond managers, in addition to our experienced staff of surety underwriters and client service personnel
- Will develop surety programs to grow with your company
- Are active in many major construction industry organizations
- Maintain an outstanding reputation in the surety and construction industries
- Understand all the important construction, banking, and accounting issues
- Are creative in suggesting solutions to your challenges
- Additional services provided:
- Access to the top surety markets
- Contract bid specification review
- Financial analysis, including year-end financial planning to maximize your surety program
- Plan and specification review
- Project feasibility
- Project financing verification
- Subcontractor review and credit reports. Assistance with pre-qualifying subcontractors prior to bids (i.e. reviewing subcontractors’ bond and insurance programs)
- Timely and accurate bond preparation, certificates of insurance (COI)
Insurance Department
Construction Insurance
Whether controlled insurance programs or traditional property and casualty placements, project-specific or annual programs, Dale Barton is a full-service agency that specializes in coverage for construction and construction-related industries. Specific services provided include the following:
- Assistance in building a team of professionals, including CPA’s, attorneys and bankers with knowledge of the construction industry
- Audit services
- Captive insurance programs for contractors
- Certificates of insurance (COI) preparation. Timely and accurate issuance!
- Certificate of insurance training. This includes a discussion on why carriers require insureds to track COIs as well as a review of recommended forms available in the marketplace
- Challenging insurance program negotiation and placement
- Claims analysis and review
- Contract review (for insurance requirements)
- EMR – Experience modifier analysis and review
- Payroll/class code analysis and review
- Future EMR projections
- Mod strategy development and review
- Key person life insurance analysis
- Loss sensitive construction insurance review (large deductible, retrospective)
- Markets: premier contractor specific insurance markets
- Policy review including: a review of exposures, audits and claims history (including coverage and claim recommendations)
- Risk Control Services: We coordinate carrier risk control services, claims and audit services. We also review individual claims with adjusters and send you claim status reports.
Dale Barton Offers a Variety of Coverage Solutions:
- Alternative Risk Financing: Captives, CIPS, & Wrap-ups
- Commercial General Liability (Casualty)
- Crime / Fidelity (ERISA)
- Employment Practices Liability Insurance (EPLI)
- Inland Marine
- Pollution Liability / Environmental
- Boiler and Machinery
- Commercial Property
- Cyber Liability / Technology E&O
- Errors and Omissions (E&O)
- International / Foreign Coverages
- Professional Liability
- Builders Risk / Installation Floater
- Contractors Equipment
- Design Build Liability
- Executive Management Liability
- Key Person Life Insurance
- Umbrella / Excess Liability
- Commercial Auto
- Controlled Insurance Programs (CIPs, Wraps)
- Directors & Officers
- Fiduciary Liability
- Kidnap and Ransom (K&R)
- Workers Compensation
Construction Insurance Agents Who Know Your Industry
Whether your needs are for insurance or bonding, our construction industry specialists are here to make it happen.
OUR CAPABILITIES
Providing Local, National, & International Services
Our firm has extensive experience with all types of P&C program designs, including:
- Guaranteed Cost
- Retrospectively Rated
- Large Deductible
- Captive Programs
- Self-Insurance
- Others
These programs can be designed to provide local, national, and international coverage.
Our Insurance Professionals understand that a properly designed and well-managed commercial insurance program should complement and support your company’s strategic objectives. Our people bring industry specific expertise and superior underwriting relationships that, when combined, create risk management/insurance programs that lower your total cost of risk, support your company’s broader objectives, and bring value to your bottom line.
As a true partner we operate as an extension of our clients’ financial and risk management efforts. We monitor construction industry trends and understand the diverse and changing needs of our clients. We are active in all major industry associations and maintain an extensive network of accounting, banking and legal professionals. We match our customer’s particular needs with comprehensive surety and insurance programs at a competitive price.
