Construction

From identifying and assessing potential exposures to managing claims, contractors need the proper balance of program elements to minimize their risks without breaking the bank. Oswald Companies offers a complete line of construction and surety bond services for general contractors, commercial and residential construction, and heavy highway construction.

100 years of experience

Our advisors seek to understand your business needs during and after plan development. Offering more than 100 years of construction and surety experience, the Oswald team has the know-how to help you develop the right plan for your organization, or while helping reduce the overall cost of risk.

Oswald construction services

Program administration and risk management

• Risk identification and analysis
• Coverage review and discussion of limitations
• Contract reviews: owner, subs, leases, etc. (risk transfer)
• Same-day certificate issuance
• Obtain project-specific coverage as needed (builder's risk, OCP, etc.)
• Review certificates from subs for compliance with subcontract
• Environmental
• Professional liability for design exposures

Post-loss/claims management and loss control

• Claims liaison and consultant on difficult claims
• Analysis of loss trends/root cause analysis
• Transitional work program
• Coordinate loss prevention and control/safety inspections
• Fleet safety
• Establish claims handling procedures and contacts

Oswald surety bond services

Surety program review and risk profile assessment.

• Understand your business and surety needs, review appropriateness of your existing surety arrangements, and discuss surety carrier alternatives
• Benchmark your company's surety strengths and weaknesses
• Provide strategic advice and consultation on available surety strategies

Collaborative surety bond action plan.

• Agree on strategic surety priorities, develop and execute a collaborative surety bond action plan
• Comprehensive, professional presentation to surety underwriters
• Negotiate favorable terms and conditions for bond line
• Responsive execution of bid and performance bonds