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Is Enrolling in a Wrap-Up Optional?
You’ve been awarded a contract on a project that is being covered by Controlled Insurance Program (CIP), or more commonly known as a Wrap-Up. The...
AI and How It Can Be Used in The Construction Industry
AI, or Artificial Intelligence, is a form of technology that is built to mirror the human mind. AI is focused on taking basic human functions such as...
Builder’s Risk Update: S. Capitol Bridgebuilder V. Lexington Ins. Co.
In recent years, large Builder’s Risk policies have included coverage terms from the London Engineering Group (LEG) that expand coverage by...
Do I Need a Standalone Terrorism Policy?
Standalone, private terrorism policies from insurance companies have become an alternative to TRIA and have gained in popularity over the past...
Construction Inclusion Week 2023
TSIB along with various other Brokers, General Contractors, Trade Partners, etc. is gearing up for the annual Construction Inclusion Week (CIW). This...
What is Terrorism Insurance?
Terrorism insurance provides businesses with protection against the unpredictable nature of a terrorist attack. An act of terrorism can occur...
Importance of Rate Pages when you enroll in a Wrap-Up
When your company starts working on a Wrap-Up, it’s helpful to gather all the required documentation you need ahead of time. This will help make your...
Vicarious Liability & Additional Insured Endorsements Ruling
Last year, an Eleventh Circuit ruling in Cincinnati Specialty Underwriters, Ins. Co v KNS Group (11th Cir. Oct. 2022) addressed issues related to...
Placing a Wrap: Data Collection
Once you’ve properly defined the risk being considered for a Wrap-Up, you’ll work with your broker to develop a marketing submission that will be...