industry

Construction risk financing: project and company exposures

Construction risk sits at two levels: the project and the company. Contracts decide much of what each party carries, so the first step is to see which exposures stay with you after the contract terms apply.

Project and company-level construction risks, and the specialists who help contractors finance them.

Common risks and risk-financing considerations in Construction

  • Project versus company retained risk — Some exposures belong to a project, sometimes under a controlled insurance program run by the owner or contractor; others follow the company across every job. Map which applies before discussing retention.
  • Workers' compensation, auto and liability — These lines behave differently and are regulated differently; workers' compensation self-insurance, for example, is approved state by state. Keep separate loss data for each, with job and state detail.
  • Contract requirements and subcontractors — Owner contracts set insurance requirements and indemnities, and subcontractor agreements shift risk down the chain. Use the actual contracts, not generic limits, to decide what you retain.
  • Questions for specialists — Ask how a firm handles long-tail construction claims and multi-state workers' compensation, and who would manage a captive if one were formed. Self-insurance and group captive arrangements are common topics; neither suits every contractor.

Relevant solutions for Construction

  • Captive Insurance

    A captive is an insurance company owned by the business, or group of businesses, whose risks it insures. The owner keeps a defined layer of risk inside a licensed vehicle it controls, rather than transferring all of it to the commercial market.

    Derived from provider tagging: 22 active providers serve this industry and offer this solution.

  • Group Captive

    A group captive is an insurer owned by several companies — often unrelated, sometimes in the same industry — that pool part of their risk and share the cost of running it. Each member keeps some of its own losses and shares others, so its results depend partly on the rest of the group.

    Derived from provider tagging: 21 active providers serve this industry and offer this solution.

  • Self-Insurance

    Self-insurance is the broad category of risk financing in which an organization retains and pays its own losses instead of transferring them to an insurer for a premium. It sits underneath captives and most other alternative structures, but it does not require forming an insurance company.

    Derived from provider tagging: 14 active providers serve this industry and offer this solution.

Each card shows why that provider is relevant to Construction, from what the provider has recorded against this industry.

19 companies

Oct 21, 2026How are these providers ranked?