Builders Risk

When it comes to protecting structures and materials during new construction projects or renovations, few things are as essential as the right Builders Risk coverage. At ORIM, we're a team of industry-leading underwriters with the experience, expertise, and authority to provide quick underwriting solutions to meet the needs of our clients’ residential, commercial, and institutional construction projects.

Coverage Features

Proprietary Builders Risk Form offering superior flexibility
Admitted and Non-Admitted capabilities
Primary or Quota share
Lead or Follow form
Admitted insurance contracts are issued by Pennsylvania Manufacturers' Association Insurance Company, rated A+ (Superior) XV by AM Best and A2 Stable by Moody's

Offerings

Project Builders Risk
Master Builders Risk
Coverage form offers both physical damage and delay in opening
Critical CAT Coverage

Capacities & Terms

Limits up to $250M
CAT limits up to $30M
Up to 36 months

Target Classes

Four-Wall Construction
JM or better Construction
Habitational including Apartments,
Condominiums, and Assisted Living Facilities
Commercial including Retail, Office, Institutional, and Hospitality
Non-Structural Renovations
Infrastructure including Roadways, Bridges, and Water Treatment Plants
Light Manufacturing

Educational Sessions

Contact your ORIM Representative to discuss topics we can present at your office or work site, or complete and submit this brief form to have an ORIM Representative contact you. Below are our current CE offerings. We will continue to add courses, and we welcome your feedback on specific content needs and preferences.

A Brief Survey of Builders Risk ("Builders Risk 101") - A practical overview of placing project-specific Builders Risk coverage, including who needs it, how it differs from other property policies, and key placement considerations. Learn about submission best practices, client discussions, and emerging challenges like water damage, catastrophe exposure, and delay in completion. Ideal for brokers seeking to strengthen their understanding and execution in Builders Risk placements – 2 to 3 hours
Reviewing Geotechnical Reports - A comprehensive overview of geotechnical reports, highlighting their structure, key components, and critical underwriting implications. Attendees will gain insight into soil types, foundation systems, and how geotechnical findings impact risk assessment and project scope. The session offers practical guidance on interpreting reports to support informed underwriting decisions – 2 hours