Construction - Insurance Overview
Property & Casualty Insurance – The Gencorp Difference
The Gencorp Construction Practice Group (CPG) is committed to meeting all the risk management and insurance needs of contractors. We not only offer our clients a full range of insurance services, we offer in-depth industry knowledge, solid carrier relationships and a service-driven team of local professionals who know how to put those services to work for your business.
Gencorp is a full-service insurance brokerage firm capable of handling all aspects of a client’s insurance program including:
- Commercial Property & Casualty Insurance
- Commercial Automobile
- Workers Compensation
- Umbrella/Excess Liability
- Environmental Liability
- Professional Liability
- Executive Protection (D&O, EPLI, Fiduciary, Crime)
- International Coverage
- Personal Lines
- Employee Benefits (Life, Health, Disability, etc.)
Gencorp CPG offers contractors much more than a cost-effective insurance program. Our team of industry professionals provide each CPG client with a fully customized risk management program tailored to their individual needs. Our comprehensive risk management solutions include:
- Risk Identification and Exposure Analysis
- Design and Implementation of the Risk Management program suited to each individual client’s needs
- Coordination of the marketing and placement of Insurance with the proper carriers
- Facilitate communication between Gencorp, its Clients and Insurance carriers through effective integration of all available technology solutions
- Monitor client service programs to ensure desired results are being achieved
- Proactive claims management and administration
Claims Management is a critical component of any successful insurance and risk management program. At Gencorp, our proactive claims management process includes:
- 24 hour claim reporting – allows for proper crisis management for claims occurring after normal business hours which may be of a time sensitive nature.
- Proactive monitoring of existing claims utilizing all available online systems – ensures that claims are being managed effectively and in the client’s best interest at all times.
- Regular claims review meetings – regular communication and information exchange between all involved parties promotes rapid closure of claims, which reduces claim costs and minimizes the impact on the total cost of insurance.