Prospective

Table of Content

  1. Header
  2. Home
  3. Introduction
    1. NFP Core Team
    2. OCIP Servicing Team
    3. Who We Are
    4. MVV
    5. Our Geographic Reach
    6. Construction Industry Trends
    7. Project Experience
    8. BUFFER
  4. Risk Review
    1. How We Help
    2. Package Roadmap
    3. Upcoming Projects
    4. Insurance Procurement
    5. Sample Project Risk Review
    6. CIP Insurance Summary
    7. Projected Construction Values
    8. Package Overview - Sample
    9. Package Risk
    10. Contracts Reviewed
    11. BUFFER
  5. Our Process
    1. Project Interconnectivity
    2. Purchase Details
    3. Placement Tracker
  6. Tech Enablement
    1. Collaboration Hub
    2. Data Viz - Intro
    3. Program Schematic
    4. Safety
    5. Claims
    6. Actuarial Loss Projection Model Dashboard
    7. Alternative Dispute Resolution (ADR)
    8. Actuarial Loss Projection Model - Intro
    9. BUFFER
  7. Footer

Home

Construction & Infrastructure

Adrian Pellen

C&I Managing Director

Chicago, IL

As co-leader of NFP’s Construction and Infrastructure Group, Adrian oversees strategy, operations, and resource deployment across North America. With extensive experience from Marsh and an academic background from McGill and the University of Chicago Booth School of Business, he provides leadership in infrastructure finance, risk strategy, and partnership development for major construction clients.

Tom Clifford

SVP, Northeast & Atlantic Leader, Construction & Infrastructure

New York, NY

Tom is the Northeast & Atlantic Leader of NFP’s Construction & Infrastructure Group, overseeing strategy and resource deployment for contractors and developers. He previously led Lockton’s New York Construction Team and held leadership roles at Aon. Tom is a licensed P&C professional nationwide, holds a CRIS designation, and frequently speaks on construction risk topics. He earned his BA in Communications from Quinnipiac University.

Andrew Canning

Project Risk Advisory Leader

New York, NY

Andrew brings over 30 years of experience in construction risk and has advised on more than $60 billion in project oversight. He leads complex risk transfer programs—OCIPs, CCIPs, builders risk, and contractual risk—and is recognized for advancing analytics-driven RMIS strategies that enhance project performance and transparency.

Grant Greeson

SVP, Atlantic Region Project Risk Leader

Atlanta, GA

Grant oversees construction and infrastructure risk strategy for major projects across the Atlantic region. With prior experience at Marsh and a strong background in claims, brokerage, and project risk management, he delivers tailored wrap-up and contractor risk solutions. Grant holds multiple professional designations and contributes actively to construction industry associations.

Tyler James

SVP, Construction Property Broking Leader

Chicago, IL

Tyler leads NFP’s Construction Property Broking practice, specializing in Builder’s Risk and Contractor’s Equipment programs. He works with developers, contractors, and insurers to design data-driven property solutions that optimize coverage, minimize volatility, and deliver measurable program efficiency for clients across North America.

Rich Hartman

Professional Liability Advisory & Brokerage

New York, NY

Rich specializes in professional liability placement and advocacy for contractors, engineers, and public agencies. His background in underwriting and brokerage gives him a balanced approach to coverage design, risk mitigation, and claims support for complex professional exposures.

Aaron Haimowitz

SVP, Claims Advisory Leader

New York, NY

Aaron leads NFP’s Construction and Infrastructure claims advisory practice with more than 25 years of legal and risk management experience. A former partner at Wilson Elser and Turner Construction’s risk lead, he provides strategic advocacy and resolution support on high-value capital project claims.

Mevan Srishan

Strategy & Insights Manager

Toronto, ON

Mevan drives digital strategy and analytics innovation within NFP’s Construction & Infrastructure group. He builds interactive dashboards and automation tools that enhance data visibility, quantify program value, and support clients in managing risk across major infrastructure projects.

Madeline Zenas

Operations Specialist

Chicago, IL

As Operations Specialist for NFP’s Construction & Infrastructure Group, Madeline improves efficiency through data-driven process enhancements and workflow automation. She develops dashboards, streamlines backend systems with Power BI, Power Automate, and Power Apps, and trains teams to support business growth and client engagement.

Who we are

We build intelligent solutions that merge data, design, and innovation to help organizations make confident decisions in complex environments.

About Us

NFP, an Aon company, is a collaborative network of advisors, technologists, and risk experts. We use insight, analytics, and experience to help businesses manage risk and accelerate growth.

Our Mission

To redefine how organizations approach risk and performance through technology-enabled insight, strategic design, and measurable outcomes.

Core Principles

  • Human-first design
  • Data-driven decisions
  • Partnership over process
  • Transparent collaboration
  • Continuous learning

Mission, Vision & Values

Our purpose is rooted in transforming how organizations approach risk and performance — combining insight, data, and innovation to shape a more resilient built environment.

Our Mission

Unlocking the potential of the risk management and insurance industry to create a better built environment. We collaborate across industries, translating data and design into strategies that make projects safer, smarter, and more efficient.

Geographic Footprint

Our Construction & Infrastructure team operates across North America with 100+ specialists supporting clients throughout Canada and the United States.

Our Presence

We maintain deep regional expertise across key cities, combining national resources with local insight. Each marker on the map represents an active hub of collaboration within our Construction & Infrastructure practice.

Comprehensive Coverage Expertise

Property / Builder’s Risk Environmental Liability Professional Liability Subcontractor Default Insurance Casualty / Wrap-ups Project Specialty Covers Surety Contractor Programs

When you’re doing all you can to help the environment and save the world, you’re usually looking at the bigger picture. You need someone in your corner who will sweat the small stuff, help confirm that your operations are running smoothly and make sure your organization is protected. At NFP, we sort of want to save the world too, and we’re here to help you with everything you need to bring your mission to life.

Service that understands.

We work with vendors throughout the industry, which lets us find – and help you choose from – cost-effective solutions with the broadest coverage. We’re not tied to any specific vendor or product, which means we find what will work best for you to keep your goals going strong.

What you get:

  • Expansive reach, combining industry best practices with customized care.
  • Broad coverage and property definitions that understand the delicate difficulty and nuance of your services and responsibilities.
  • Best-in-class underwriters that coordinate with leading insurance companies.

Covering you in more ways than one.

Options include coverage for:
  • Builders Risk
  • Business Auto Liability and Physical Damage
  • Directors and Officers Liability
  • Employee Benefits Liability
  • Employment-Related Practices Liability
  • Equipment Breakdown
  • Flood
  • General Liability
  • Group Travel Accident
  • Media Liability
  • Ordinance/Law
  • Outbreak Expense
  • Physical Damage
  • Professional Liability
  • Real and Business Personal Property
  • Utility Services
  • Valuable Papers and Records
  • Volunteer Coverage
  • Workers’ Compensation

NFP understands that when a loss occurs there could be significant financial impact, both to repair or replace the property and to keep work moving forward. We have extensive experience placing property programs that include builder’s risk, contractor’s equipment, and other inland marine lines associated with contractors. We focus on the particulars that matter, such as coverage wording, maintenance of proper limits and comprehensive evaluation of our clients’ assets.

What you need, when you need it.

We serve projects such as:
  • Commercial building
  • Street and road
  • New construction and renovation
  • Residential
  • Bridges and tunnels
  • Water treatment plants
  • Power and utilities infrastructure
  • Data centers
Our inland marine expertise includes:
  • Builder’s risk (CAR/EAR)
  • Master BR programs
  • Installation floaters / rigger’s liability
  • Contractor’s equipment
  • Difference in conditions / difference in limits
  • High-hazard natural catastrophe risks
  • Deductible buy-down
  • Tunnel boring machines
  • Parametric

Leaving the design and construction to the professionals.

For architects, engineers, contractors, and owners, successful execution of a project starts with a successful design. Issues with design, increasingly complex contractual arrangements, integrated construction/design approaches, new technologies, and many other factors can complicate an organization’s professional liability exposures. NFP offers expertise specific to professional liability risk management and insurance placement for service providers and owners in the construction industry.

Our experts help you to evaluate and pursue risk management strategies to mitigate your professional liability exposure, ranging from robust contracting practices that can provide a strong line of defense against potential professional liability exposures, to sophisticated insurance programs designed to respond comprehensively to losses.

Service that understands.

When placing professional liability programs for construction, we take a different approach. Factors other than your traditional exposures can impact your coverage needs and pricing, and insurance partners who fully understand your needs and goals, in addition to your exposures, will always obtain the best results for you.

NFP has exceptional relationships with carriers offering professional liability coverage for construction. We understand their risk appetites and flexibilities with regard to specialized coverage provisions. Our goal is to work with you to optimize a professional liability program with the insurance partner that best fulfills your risk management and coverage needs.

Covering you in more ways than one.

Professional liability is extremely complicated, and the details matter. NFP can help you understand:

  • The coverage that you have
  • The coverage that you may need
  • Not only the cost, but also the value of your program

Most architects, engineers, and construction companies carry some form of professional liability coverage. NFP’s construction experts know that these policies offer varying levels of sophistication with regard to:

  • Coverage structure
  • Terms and conditions
  • Limits and retentions
  • Price

Today’s construction economy is under tremendous pressure, given supply chain disruptions, inflation, labor supply shortages and rising interest rates. All these factors are combining to create what could be an unprecedented challenge for today’s construction contractor community. To help our clients navigate this challenge, NFP has structured its Subcontractor Default Insurance (SDI) segment to lead with risk control advisory and innovation. With leadership forged within the construction, insurance and risk engineering communities, clients will have access to experts in treating the risks with best-in-class contractual, operational and technological risk.

Rising subcontractor defaults.

Read more

Context: Given the current economic conditions, particularly amongst electrical trade contractor insolvencies, subcontractor defaults are on the rise. These defaults pose a substantial threat to the contractor and developer community and to the SDI programs they have in place.

Our Experience/Expertise: With our previous experiences working for contractors and risk engineers, we bring deep expertise on how to execute best-in-class operational risk controls to help weather a rise in defaults. These operational risk control assessments are done each year for clients of NFP. Our team also drives the use of these practices to help obtain improved terms on the remainder of our client’s insurance and surety programs.

Technology to manage supply chain.

Read more

Context: There are myriad technologies within the “constructech” and “insuretech” sectors that can reduce risk related to subcontractors and supply chain exposures. These technologies can not only improve SDI results but allow for favorable ROI from SDI program credits.

Our Experience/Expertise: The Construction & Infrastructure Group at NFP has established a technology alliance in which we research, investigate and work with emerging technology companies to advise clients on which technologies to implement to solve for their biggest risks.

Stalled SDI programs.

Read more

Context: Some active SDI programs are not enrolling the volume of subcontracts originally targeted, and some have stalled completely.

Our Experience/Expertise: We have extensive expertise in driving full enrollment through educational seminars for staff and project managers. Our team members have been leaders in educating owners and lenders on the benefits of accepting SDI on projects.

Innovation and geographic reach.

Read more

Context: Finding a broker with knowledge across all countries where SDI is offered and who pushes innovation in the sector can be a challenge.

Our Experience/Expertise: The Construction & Infrastructure Group at NFP is a fully integrated North American practice, servicing SDI business in both the U.S. and Canada. We help clients implement innovative SDI strategies using experience from brokerage, insurer, risk engineering, and client-stakeholder perspectives.

Full claim recovery.

Read more

Context: SDI claim recovery presents operational challenges as claim documentation and proving default impact are critical to a successful claim. In many instances, insureds may feel they have not received full recovery for costs associated with a subcontractor default.

Our Experience/Expertise: Building on our experience managing over a billion dollars in claim volume, we have a refined SDI claims management approach that increases recovery rates, emphasizing proper documentation and use of scheduling experts.

Managing total cost of risk versus insurance costs.

Read more

Context: SDI programs are a substantial source of risk retention funding and a powerful vehicle to reduce total cost of risk beyond subcontractor and supply chain risk.

Our Experience/Expertise: The Construction & Infrastructure Group at NFP has developed a proprietary total cost of risk (TCOR) methodology. SDI is a critical component of TCOR, and our team integrates SDI to optimize TCOR yield for your organization.

Dale Development – Residential & Mixed-Use Communities

As of November 2025 · Source: Dale Development Company

Project Review – Rocky Hill Amesbury

The following summarizes Rocky Hill Amesbury, Dale Development’s master-planned community in Amesbury, Massachusetts, and outlines NFP’s evaluation of key construction-related risks. The assessment integrates land development, infrastructure, and delivery risk considerations to support underwriting, financing, and strategic risk-management decisions.

Project Understanding

Rocky Hill Amesbury represents Dale Development’s first foray into Massachusetts and one of the largest communities approved under the State’s MBTA Communities Act. The master plan envisions two integrated neighborhoods: a for-sale component of up to 85 single-family, duplex, and townhouse units, and a rental component with approximately 300 multi-family residences.

Site & Planning Context

Located near the intersection of Rocky Hill Road and Elm Street in Amesbury, the 80-acre site combines rolling topography with pockets of woodlands and open fields. The project is designed to align with the City’s smart-growth vision, emphasizing compact, walkable neighborhoods, and mixed housing types.

The layout follows New Urbanist principles—featuring interconnected streets, pedestrian trails, formal greens, and community amenities such as playgrounds, a clubhouse, and open recreation areas. Development is anticipated to commence with off-site utility extensions and sitework beginning early 2026.

Infrastructure & Utilities

Infrastructure works will include full roadway construction, stormwater management ponds, underground power, and municipal water/sewer connections coordinated with the City of Amesbury DPW. Topographic surveys and geotechnical testing are in preliminary stages, with environmental permitting expected through the Massachusetts Department of Environmental Protection (MassDEP) and Conservation Commission.

Development Program

  • ~85 For-Sale Units (Single-Family / Duplex / Townhomes)
  • ~300 Rental Units (Garden / Mid-Rise)
  • Pedestrian greenways and open space network
  • Community clubhouse and recreational amenities
  • Phased infrastructure and site grading program (2026–2028)

Regulatory & Zoning

Zoned under MBTA Communities overlay permitting higher-density mixed-use housing near public transit. Subject to Planning Board and Conservation Commission approvals, MassDEP stormwater compliance, and potential MEPA filings depending on final traffic and environmental thresholds.

Project Serapis – Construction Phasing Overview

Illustrative phasing for a large-scale industrial program. Tap a phase for more detail.

Phase 1 – Site Preparation

Early Works • Q1–Q2 2026

Clearing, grading, surcharge, and utility diversions to establish the working platform.

Phase 2 – Substructure

Foundations & Groundworks • Q2–Q4 2026

Piling, caps, grade beams, U/G services, and main SOG.

Phase 3 – Superstructure

Primary Frames • Q4 2026–Q2 2027

Steel frames, mezzanines, craneways, and stairs.

Phase 4 – Building Envelope

Cladding & Roofing • Q1–Q3 2027

Cladding, roofing, doors, and daylighting to weather-tight.

Phase 5 – MEP Rough-In

Mechanical, Electrical & Process • Q2–Q4 2027

Power, process utilities, ventilation, FP risers, and plinths.

Phase 6 – Interior Fit-Out

Architectural & Systems • Q3 2027–Q1 2028

Partitions, finishes, specialty spaces, controls & safety systems.

Phase 7 – Testing & Commissioning

Integration & Assurance • Q1–Q2 2028

PFTs, SATs, energization, integrated testing, and verification.

Phase 8 – Operational Readiness

Ramp-Up & Handover • Q2–Q3 2028

Training, spares, O&M docs, punch-list close, phased handover.

For demonstration purposes only. Names, dates, and details are illustrative.

Coverage Specifications – Construction

Detailed specifications for core construction coverages. Click any line for full limits, extensions, and representative endorsements.

For demonstration purposes only. Values and terms are illustrative.

Market Submissions – Tracker

Markets approached across coverage lines with current responses and NDA status. Use slicers below to filter.

Policy Line:
Response:
Carrier Line Response Notes Updated NDA
EverestBuilders Risk Under review.Aug 20, 2025SIGNED
ZurichBuilders Risk Submission sent.Aug 20, 2025SIGNED
TravelersBuilders RiskWaiting Pending feedback.Aug 21, 2025SIGNED
HartfordBuilders RiskDeclined No capacity.Aug 15, 2025SIGNED
AllianzBuilders Risk Under review.Aug 22, 2025SIGNED
AXA XLBuilders Risk In underwriting.Aug 21, 2025SIGNED
ChubbBuilders Risk Review in progress.Aug 20, 2025SIGNED
AXA XLOCIP Primary Under review.Sep 2, 2025SIGNED
ZurichOCIP PrimaryWaiting Awaiting quote.Aug 28, 2025SIGNED
AIGOCIP Primary Under review.Aug 25, 2025SIGNED
Great AmericanOCIP Excess Submission sent.Aug 24, 2025SIGNED
LibertyOCIP ExcessWaiting Pending underwriting.Aug 25, 2025SIGNED
BeazleyContractors Pollution In underwriting.Aug 19, 2025SIGNED
Allied WorldContractors PollutionWaiting Pending feedback.Aug 20, 2025SIGNED
QBEContractors PollutionDeclined No appetite.Aug 18, 2025SIGNED
HDIEnvironmental Under review.Aug 21, 2025SIGNED
LibertyEnvironmentalWaiting Pending quote.Aug 22, 2025SIGNED
For demonstration purposes only. Names, dates, and details are illustrative.

Collaboration Hub

Centralizes task intake, tracking, and document routing. New requests trigger team alerts, update Planner in real time, and uploads are automatically sent to the correct SharePoint folder.

Data Visualization

Tailored dashboards and analytic tools designed to provide clear, actionable insights. Track performance, claims, and safety workflows—all aligned with your program needs.

Insights & Analytics Hub

Delivers customizable dashboards for program performance, dispute resolution, and actuarial loss projections—each designed to align with operational and strategic priorities.

Visualization Dashboard

Offers a clear snapshot of key metrics, claims activity, and safety workflows, helping you monitor and optimize program efficiency with data-driven insights.