This post is part of a series sponsored by TSIB. Understanding how insurance cost savings work on a Controlled Insurance Program (CIP), also known as a Wrap-Up, and who retains the risk/reward is important. There are several varieties of CIPs …
This post is part of a series sponsored by TSIB. Construction projects present unique risks and complexities that are a distinct departure from your overall insurance needs as a real estate developer. Whether the project is office, commercial, industrial, mixed-use, …
This post is part of a series sponsored by TSIB. When working on a construction project, the company you are working for may ask to be an Additional Named Insured or an Additional Insured. It’s easy to believe that they …
This post is part of a series sponsored by TSIB (updated 5/22/24). Often, the terms named insured and additional insured get lumped together to be interchangeable. However, that is not the case. Keep reading to learn about each one! 1. …
This post is part of a series sponsored by TSIB. A key factor when considering a CIP or Wrap-Up is having the broker conduct a feasibility study for the Wrap-Up Sponsor. A feasibility study is a tool that is used …
This post is part of a series sponsored by TSIB. Real Estate development is a business process that focuses on the overall development and renovation of a property, whether that is an existing property or a brand-new one. When it …
