The hardening insurance market is forcing demolition companies to explore alternative risk financing solutions to combat reduced carrier capacity and significant rate increases.
At Gallagher, we view our role as an trusted advisor—not merely as a provider of product—delivering our combined risk management expertise with exclusive market relationships to optimize your insurance programs and drive down your total cost of risk.
Why partner with Gallagher demolition?
Trusted demolition industry expertise for over 90 years.
Our team currently represents four out of the top 20 demolition and abatement contractors in the ENR 600, handling over $30 million in annual demolition premium, as well as three of the top 25–100 North American D&RI demolition contractors.
Leveraging strong carrier relationships and decades of demolition expertise, we help you understand all your actual and potential costs so you can know, control, and minimize your total cost of risk and improve your profitability.
Alternative risk financing solutions.
Are captives right for your demolition business? We help our clients explore alternate risk finance strategies and nontraditional program structures, including captive risk solutions, guaranteed cost and large deductible.
Captives can help your business by:
- Establishing a centralized risk framework
- Potentially reducing the overall cost of risk
- Potentially increasing the cash flow of the combined business enterprise
- Creating tailored, comprehensive and responsive coverage
- Improving claims handling and monitoring