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  • Managing the Cost of Risk in Construction
Managing the Cost of Risk
Improve Safety. Reduce Costs.

Managing the Cost of Risk in Construction

A fully integrated risk management program focused on managing the cost of risk can be an effective way for contractors to both improve safety and reduce costs associated with preventable losses. The financial and business implications related to risk can lead to bidding challenges and scheduling delays, decreased recruitment and retention rates, increased regulatory scrutiny, and reputational risk. Travelers helps contractors develop, implement and execute robust construction risk management strategies to help them manage and mitigate their exposure to loss.

Interactive Risk Landscape Tool for Construction Interactive Risk Landscape Tool for Construction

Construction Risk Landscape [Tool]

The risk on a construction job site is complex. From changing workforce dynamics to fire and water damage to contractual risk, explore how Travelers' dedicated team works to identify, analyze and reduce risks in construction.

Learn more about construction risks.

2020 Vision: Construction and the New Financial Downturn

2020 Vision: Construction and the New Financial Downturn [Videos]

Although not all economic downturns are the same, construction firms can learn from the past. We offer a unique perspective informed by real data from the Great Recession to gain perspective on what this financial downturn can mean for the construction industry and what firms can do to weather the storm.

Construction Story - Part of the Crew

Download Transcript

Part of the Crew [Video]

Download Transcript

Those who work with us see us as an extension of the team they trust to help raise infrastructures safely and run businesses soundly. From the moment you meet a Travelers team member, you’ll understand: These are people who live and work in your world. Meet just a few of the Travelers employees who live and breathe construction.

Construction Risk Management - construction workers standing in a circle in a warehouse of tools

Managing Your Construction Risk

Learn six ways contractors can effectively manage their cost of risk to help improve their bottom line, their reputation and worker safety.

Construction Defect Discussion

Hat to Hat [Video]

Travelers prides itself on the strength of our construction expertise and the relationships we build with our customers. See how a 30-year relationship with one Travelers customer helped to avoid a potentially costly construction defect issue.

Construction Industry Insurance

Now is the time to work with an insurer with a deep understanding of the construction industry. Travelers is committed to bringing responsive and creative solutions to a wide range of contractors. We provide a cornerstone for contractors to realize their vision, as they build America's communities.

Industry Expertise

We offer product and service breadth to serve a wide range of contractors including:

  • Bridge Contractors
  • Highway, Street & Road Contractors
  • Millwright Contractors

See all construction insurance solutions.

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The Travelers Indemnity Company and its property casualty affiliates. One Tower Square, Hartford, CT 06183
This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. It is not a representation that coverage does or does not exist for any particular claim or loss under any such policy or bond. Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.
All rights reserved. Travelers and the Travelers Umbrella logo are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries.