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Stimulus spurs construction resurgence

Learn what types of projects are funded by the $787 billion federal stimulus and how to help clients manage new risk

By John Tutera | Updated on July 05, 2009

As the federal construction stimulus gets going, buyers will rely on their insurance pros to write policies that cover new and emerging risks. In some cases, these insurance buyers may not yet fully understand the new risks they face.

To meet these challenges, agents and brokers must get up to speed on the types of projects being funded and their roles in helping clients manage risk. They will need to be broadly knowledgeable about multiple industry entities, including contractors, construction companies, design/engineering firms, project owners, developers and residential builders.

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