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


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

Capacities & Terms

  • Limits up to $150M
  • 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.

  • Builders Risk Overview ("Builders Risk 101") - General overview of builders risk coverages and current issues 1 to 1.5 hours
  • Continuing Expense / Delay in Completion Overview - High level overview of "soft costs" and delay in completion coverages 1 hour
  • Continuing Expense / Delay in Completion Deep Dive - In depth discussion of "soft costs and delay in completion coverages and current issues 2 hours
  • Defects Exclusion (LEG and CoMG Clauses) - Covers considerations and issues surrounding defects exclusions, especially the LEG Defects Clauses 1.5 hours
  • PML Underwriting - How underwriters determine and set PMLs. This is helpful for brokers in being able to determine and describe coverage and limits needs for their insureds 1 hour

Every great partnership starts with a conversation.

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