- By David Pacifici | Monday, April 25, 2022 Design-build delivery carries much greater risk to a contractor than conventional project delivery methods. Chief among these risks is the potential for…, CONVENTIONAL PROJECT DELIVERY AND CONSTRUCTIBLE DESIGN, In conventional project delivery, the project owner bears the risk of paying for increased costs arising from design changes and delays. This is due to the Spearin doctrine, which holds that a…, DESIGN-BUILD SHIFTS DESIGN RISKS TO THE CONTRACTOR, In design-build delivery, the project owner doesn’t hire the architects or engineers but engages the contractor to design and construct the project. In most cases, the contractor will sub out the…, PROGRESSIVE DESIGN-BUILD AS AN ALTERNATIVE, The attractiveness of design-build to a certain segment of owners—with its capacity to reduce project delivery times and transfer financial risk from the owner to the contractor—is abundantly clear.…, About the Author, David Pacifici David Pacifici, CIC, CRM, RPLU, is a senior vice president at Berkley Construction Professional, a Berkley Company. Mr. Pacifici provides strategic leadership and direction for…, Construction Executive, Reposted from constructionexec.com , April 25, 2022, a publication of Associated Builders and Contractors. © Copyright 2022. All rights reserved.
- April 4, 2022 , Today we announce Edward Sheiffele, executive vice president, as the leader of Berkley Construction Professional., Ed has nearly three decades of experience underwriting construction professional and environmental liability insurance. During that time, he has successfully established and led several…
- In this 18-minute episode of the IRMI Construction Podcast, David Pacifici of Berkley Construction Professional examines how progressive design-build can mitigate the squeeze on contractor profit…
- By Janice Greenberg | Monday, January 3, 2022 Construction professionals undoubtedly engage in a call or email conversation at least once a year with their insurance broker to discuss the company’s…, General contractor Enterprise is retained by Starfleet to renovate the buildings, which house its student training academy. The project includes upgrades to the HVAC system. Enterprise retains Spock…, That scenario and others like it are all too common in the construction world. In addition to mold, general contractors and subcontractors can be exposed to pollution claims when their construction…, About the Author, Janice Greenberg, is assistant vice president and senior claims examiner at Berkley Alliance Managers, a Berkley Janice Greenberg is assistant vice president, senior claims examiner at Berkley Alliance Managers, a…, DOWNLOAD PDF Read the article in, Construction Executive, Pollution Liability Insurance Protects Contractors from Unexpected Environmental Claims By Janice Greenberg Reposted from constructionexec.com , Jan. 3, 2022, a publication of Associated Builders…
- By David Pacifici | Sunday, November 7, 2021 Many recent public or quasi-public projects that have utilized design-build as a project delivery method have experienced significant insurance claims…, About the Author, David Pacifici David Pacifici, CIC, CRM, RPLU, is a senior vice president at Berkley Construction Professional, a Berkley Company. Mr. Pacifici provides strategic leadership and direction for…, Read article in, Construction Executive, Reposted from constructionexec.com, Nov. 7, 2021, a publication of Associated Builders and Contractors. © Copyright 2021. All rights reserved.
- Morristown, N.J. (October 19, 2021) –, David Pacifici, a senior vice president at Berkley Construction Professional, a Berkley Company, will answer the question, is “Progressive Design-Build–the Solution to Unbalanced Risk Transfer?” at…, SNAP Talk, session will highlight the benefits of using the Progressive Design-Build method to reduce the uncertainty and financial losses contractors commonly face. “The use of fast-track scheduling combined…, About Berkley Construction Professional, Berkley Construction Professional specializes in construction professional liability and pollution insurance for construction-related industry exposures. Berkley Construction Professional is a…
- Albany, N.Y. (September 28, 2021) –, Walter J. Adams, Jr., vice president and assistant claims manager at Berkley Alliance Managers, a Berkley Company, will co-present the session titled “How to Address and Mitigate Nuclear Verdicts in…, About Berkley Alliance Managers, Berkley Alliance Managers is an alliance of specialty professional liability insurance underwriters and is a member company of Berkley, whose rated insurance company members are assigned A+ (Superior…
- Morristown, N.J. (August 31, 2021) –, Dennis M. Baez joins Berkley Construction Professional, a division of Berkley Alliance Managers, a Berkley Company, as a senior vice president of underwriting. He is responsible for underwriting…, About Berkley Construction Professional, Berkley Construction Professional specializes in construction professional liability and pollution insurance for construction-related industry exposures. Berkley Construction Professional is a…
- By Peter Brooks | Monday, August 16, 2021 Recognize potential exposures before they occur & align proper coverage The typical formula for running a successful construction and contracting…, Insuring for Possible Risks, Either by choice or required by contract or statute, commercial general liability (CGL), workers’ compensation, business auto and inland marine insurance (mobile equipment) are among the most…, Pollution Liability, When it comes to pollution liability conditions, the term itself calls to mind dark fumes of smoke funneling toxins into the sky or water drenched with chemicals pouring into streams and rivers.…, Professional Liability, Contractors generally face one of two paths with respect to professional liability exposures: providing “de-facto” design services on their projects, and/or as part of a project being delivered via…, About the Author, , Peter Brooks is a senior vice president at Berkley Construction Professional, a Berkley Company. He has more than 25 years of experience underwriting design and construction professional liability…, DOWNLOAD PDF Read Article in, Construction Business Owner, Reprinted with permission from the September issue of Construction Business Owner. © 2021 Copyright Cahaba Media Group, Inc. All Rights Reserved.
- By Janice Greenberg | August 2, 2021 Most construction projects do not go exactly as planned. Architects need to modify plans midway through to correct errors, structural engineers approve an…, Claims Confusion, Consider the following hypothetical example of a design-build contractor called the Schnauzer Company. Schnauzer’s CEO, Linda, receives a letter from a client’s attorney advising that Schnauzer…, Reporting Obligations, Policyholders are too often unaware of the very different reporting requirements under a contractor’s professional liability policy as compared to the more familiar general liability policy. Under…, Better Safe Than Sorry, In practice, every situation is unique. Many times, your company may go back and forth with a client about project issues, but it is not entirely clear if the issues involve your company’s…, About the Author, , Janice Greenberg, is assistant vice president and senior claims examiner at Berkley Alliance Managers, a Berkley Janice Greenberg is assistant vice president, senior claims examiner at Berkley Alliance Managers, a…, DOWNLOAD PDF Read article in, Risk Management Magazine, Reprinted with permission from, Risk Management Magazine, . © 2021 Risk and Insurance Management Society, Inc. All rights reserved.