Project Solutions consolidates insurance coverage on large projects into one program negotiated, purchased and managed by a single sponsor such as the owner (Owner-Controlled Insurance Program) or the contractor (Contractor-Controlled Insurance Program). The result? Greater control over coverage construction costs while enhancing overall project safety.
Aon Construction Services Group is the leader in construction project wrap-ups and our team of project solutions professionals are your dedicated partners, focusing solely on designing and implementing successful wrap-up programs that offer superior protection, cost savings and increased revenue. We offer services specifically tailored for contractors and project owners, including:
- Feasibility studies
- Program design
- Insurance marketing
- Training and product orientation
- Risk control
- Claims administration
- Medical cost containment
CapEx Construction Risk Management
Capital expenditures (CapEx) in the US are estimated to grow at a compound annual growth rate (CAGR) of 6.83%. Given this expected growth, formally addressing capital construction risk demands even greater priority. Risks arising from capital construction projects create unique challenges for organizations beyond their core operational exposures. These risks are often misunderstood or unaddressed. However, strategies are available to better identify, quantify and manage CapEx risks.