Wholesale Construction Insurance & MGA Binding
Primary & excess placement
Construction projects involve countless stakeholders, complex workflows, and layered contractual obligations, and even well-run operations face significant financial exposure when losses occur. With Novatae's Wholesale Construction Insurance & MGA Binding solutions, retail agents can help clients close critical coverage gaps through flexible excess and surplus solutions. Our team specializes in primary and excess placements, working with agents in both contract binding and brokerage capacities to deliver coverage that supports construction projects at every stage.
Industries & Classes We Support
Novatae works with a wide range of construction-related businesses, including:
- General contractors
- Construction managers
- Engineers
- Environmental professionals
- Design/build contractors
- Architects
- Energy contractors
- Construction product manufactureres
- Artisan contractors (including drywallers, roofers, painters, electricians, plumbers, and similar trades)
FAQs – Construction
What does construction insurance cover?
Excess and surplus construction insurance covers many things that are typically excluded in most general liability policies, like pollution. Whether your client is a construction manager, artisan contractor, engineer, general contractor, environmental professional, or other type of contractor, excess and surplus construction insurance may fill the coverage gaps that they face with their primary insurance program. For instance, contractors pollution liability insurance may cover remediation costs from a covered pollution event, as well as third-party bodily injuries and property damage.
Can artisan contractors obtain construction insurance?
Yes, many types of contractors may be able to obtain excess and surplus construction insurance, such as drywallers, roofing companies, painting contractors, electricians, plumbers, and many more.
What type of business should purchase construction insurance?
Any business that works in the construction industry should consider construction insurance. Some of the businesses we work with include general contractors, engineers, construction managers, energy contractors, environmental professionals, architects, design/build contractors, and construction product manufacturers. We understand the unique hazards of their industry and will tailor a construction insurance program that fits their needs and budget.
Get A Quote
Related Resources
-1.png)
Fun Fact: Built in 1885, the Home Insurance Building in Chicago was the first skyscraper in the world at 10 stories high.(1)
.png)
.png)
