News

May 24, 2011

Product Highlight: Contractor’s Professional Liability

In the past two years the marketplace for Contractor’s Professional Liability insurance (CPrL) has changed substantially – new carriers have entered the market, new coverages have […]
May 24, 2011

Product Highlight: Healthcare Coverage With Chartis NextGen ProtectionSM

New Day Underwriting Managers has always made it a priority to keep its broker partners educated on the vast number of environmental and construction-related professional liability […]
April 26, 2011

New Day Announces the promotion of John Heft to Senior Vice President, Director Real Estate Practice

New Day Underwriting Managers announces the promotion of John Heft to Senior Vice President, Director Real Estate Practice. With over 20 years of environmental underwriting experience, […]
April 25, 2011

Insurance is Far More Than a Piece of Paper

Many contractors view insurance as a hefty expense that’s filed away and forgotten until the broker arrives a year later to renew the process. Sure, there is a collective sigh of relief that coverage exists when a claim occurs. But, business owners often think, “I’ve hardly had any claims in all my years in business. Why don’t I just invest the money in something that offers a little payback?” In reality, contractors don’t necessarily want to see “payback” in the way of claims coverage. Other alternatives, including partnering with insurers, can help companies avoid costly and time-consuming mishaps. Proactive loss control and claims management services actually can help businesses become more profitable.