Why choose IOA for construction insurance?
Since the beginning, IOA has served the construction industry and continues to expand its efforts to meet the needs of its clients. Our construction division is national in scope and represents clients ranging from developers to general contractors and specialty subcontractors.
Our advocates wield a deep knowledge to serve clients resourcefully and efficiently. We utilize proprietary risk management solutions to determine best practices and identify strengths, weaknesses, and risk transfer mechanisms. We help you protect your financial health and reputation and provide expertise on managing your risk and exposures so you can focus on the project.
As dedicated advocates for your business, we strive to construct cost-effective coverage that suits your claims and risk management needs. Through our distinct and collaborative culture, we foster an environment in which our top experts partner to support our construction clients, enabling IOA to commit to using the best possible resources whenever needed.
Our construction insurance markets
General contractors
Construction managers
Design and build
Subcontractors
Specialty contractors
Public-private partnerships
International risk
Construction insurance products
Products for the construction industry include:
Construction
Construction insurance provides specialized coverage for the unique risks contractors and construction firms face, from property damage to job-related injuries.
General liability
General liability insurance covers bodily injury, property damage, and personal injury claims arising from business operations.
Commercial umbrella
Commercial umbrella insurance extends the coverage limits of primary policies, offering an additional layer of protection against large claims.
Excess liability
Excess liability insurance provides additional coverage above the limits of underlying policies, offering extended protection against high-value claims.
Professional liability (E&O)
Professional liability (E&O) insurance protects professionals and businesses against claims of negligence, errors, or omissions in their services.
Commercial property
Commercial property insurance safeguards physical assets, including buildings, equipment, and inventory, against risks like fire, theft, and natural disasters.
Inland marine
Inland marine insurance protects movable or specialized business property, such as equipment, tools, and goods in transit, against loss or damage.
Environmental
Environmental insurance safeguards businesses against liabilities related to pollution, contamination, and other environmental risks.
Cyber liability
Cyber liability insurance helps businesses recover from incidents like data breaches, ransomware, and regulatory penalties.
Executive and financial risks
Executive and financial risk insurance includes coverages like directors and officers, fiduciary liability, and crime insurance, designed to protect businesses and executives from financial and managerial liabilities.
Workers compensation
Workers compensation insurance covers employees’ medical expenses and lost wages resulting from work-related injuries or illnesses.
Captive management
Captive management provides strategic support for businesses that use captive insurance companies to self-insure and control their risk exposure.
Bonds and surety
Bonds and surety insurance guarantees the performance or obligations of businesses, offering financial protection for contracts, compliance, or legal requirements.
CCIPs and OCIPs
CCIPs and OCIPs (contractor- and owner-controlled insurance programs) offer streamlined, centralized insurance coverage for construction projects, reducing costs and gaps.
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