Grow Revenue with Co-Brokering Wrap Programs
The construction landscape is rapidly growing. In 2024, the U.S. Construction spend hit $2.2 trillion. As projects are getting bigger, so are the risks. Unfortunately, stability has declined due to labor shortages, material delays, and inflation.
Project delays are becoming more common. To reduce risk, Owners are turning to alternative insurance solutions, as traditional coverage no longer meets the demands of today’s construction environment. Fragmented policies, inconsistent safety standards, and a confusing claims process are leaving your clients frustrated.
Wrap-Ups Are The Answer
Wrap-Ups are gaining traction and are a clear insurance solution. They offer control, predictability and:
- Provide consolidated insurance coverage
- Have an efficient buying process
- Offer centralized control
- Eliminate gaps in coverage
- Reduce lawsuits/cross-suits/subrogation
Increase Your Brokerage Revenue
As more Owners are implementing Wrap-Ups, it’s important you don’t get left behind. When you partner with a Co-Broker, like TSIB, it creates an additional revenue opportunity for your brokerage. You are able to keep your client, grow your company revenue, and deliver the insurance solution they need.
TSIB’s Co-Broker+ Program
That’s why it’s important to partner with TSIB and become a part of our Co-Broker+ program.
With our assistance, choose the right program for your client, so you can speak with confidence and lead with solutions. We help you stand out in a crowded market and gain access to larger, more complex construction accounts. The program’s benefits include:
- Access our Wrap resume
- Feasibility Studies
- Underwriting Support
- Carrier introductions
- No additional overhead
- Utilization of our in-house Wrap Administration team
TSIB isn’t here to compete with you, we’re here to make you stronger. Position your firm as a leader in the Wrap-Up space with our Co-Broker+ program. Have a client looking to implement a Wrap program? Let’s explore the opportunity together— contact TSIB’s Co-Broker+ team today.
TSIB’s Risk Consultants are currently servicing the following locations:
East Coast: New York City, NY; Bergen County, NJ; Fairfield County, CT; Philadelphia, PA
Texas: Austin, San Antonio, Houston, Dallas
California: Orange County, Los Angeles County, Riverside County, San Bernardino County, San Diego County
Image credit: https://stock.adobe.com/contributor/206427869/nuttapong-punna
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