Explore trends in complex construction coverage for every risk type, account size, and geographic area in the country. Learn from our dedicated team of brokers how your clients can safeguard projects and builders from unforeseen risks with our tailored coverage.
Mass timber construction, a revolutionary building method, is rapidly gaining traction. Experts expect its global market to grow to $4.9 billion by 2030. Innovative and visually appealing, it uses large, engineered panels of laminated wood as primary structural...
Urban planning is a dynamic field, constantly evolving to meet the needs of growing populations and changing societal trends. As cities expand and modernize, addressing environmental risks and natural hazards in urban projects becomes increasingly important. This...
New York, February 7, 2024 – Jencap Group (Jencap) is excited to announce the appointments of Kris Bauer and Mike Yovino as leaders of the company's Wrap Up Construction Practice. This specialized practice group is one of many strategic centers of excellence that...
A new year marks a new beginning, with hope, anticipation, and curiosity for what the coming months may bring. And in a dynamic industry like insurance, you never know with absolute certainty what might be just beyond the horizon. Stepping into 2024, we asked Jencap’s...
In the construction industry, staying ahead of emerging trends is crucial for builders and insurers alike. Not only can advances in construction technology reshape the way we build, they can also influence builders’ risk insurance exposures. According to a recent...
The Infrastructure Investment and Jobs Act (IIJA) marks one of the most significant physical infrastructure investments in the U.S. in more than five decades. Over the past 18 months, it has led to an increase in projects and jobs across multiple industries. As...
Owner-controlled insurance programs (OCIPs) are a type of “wrap-up” insurance policy that a property owner can take out for a construction or renovation project. Unlike the traditional construction insurance model — where each contractor or subcontractor secures their...
Surety bonds are an essential risk-management tool for the construction lending industry. They offer a financial buffer in the event that a project is left incomplete or fails to meet its agreed upon terms and conditions. Although bonds are often a required part of...
The past few years have been a figurative roller coaster ride for the construction industry. As construction continues to confront things like a declining workforce and inflation, we’re likely to see a few more twists and turns this year. Agents will need to keep a...
Between labor shortages, supply chain delays, interest rate hikes, and building valuation increases, It hasn’t been the easiest year so far for building contractors. The cherry on top has been insurance carriers issuing significant rate increases and cutting coverage...
2022 was a trying year for businesses and consumers alike, and 2023 will no doubt face its own set of challenges. In an interview with Insurance Business America, Mike Becker, CEO of the National Association of Professional Insurance Agents, offers encouragement to...
As we head into 2023, construction contractors should prepare for rate increases of at least 10 percent. Of course, this will vary business to business depending on changes to things like payroll, property values, and previous years’ losses. In addition, different...
From EPLI to Cyber, partnering with an expert professional lines broker makes the rough road much smoother. We live in a world where risks evolve rapidly, especially for businesses. Jencap’s specialized brokers share the six biggest challenges facing the Professional Lines industry today.
CASE STUDIES | Q1 2023 | 9 MINUTES
WHITE PAPER | Q3 2022 | 17 MINUTES
WHITE PAPER | Q1 2022 | 3 MINUTES
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