Thank you for taking the time to help the industry. Your input will ensure that we recognize the best policies available and let carriers know how they can improve their offerings to help your clients.The Brokers on Construction 2024 will be featured on the Insurance Business Canada website in August.Entries close on Friday, April 26.Insurance Business is honored to support reforestation with One Tree Planted as part of our commitment to sustainability. As a thank you for taking the time to fill in this survey, for every survey completed, we will plant a tree with our partner for the environment, OneTreePlanted.For any questions or concerns, please contact aly.balatbat@keymedia.com Question Title * 1. Out of the following areas, please rate which are the most important to YOU, based on your clients, when placing construction insurance policies (1 = least important - 5 = most important). 1 (least important) 2 3 4 5 (most important) Builder's risk/course of construction Builder's risk/course of construction 1 (least important) Builder's risk/course of construction 2 Builder's risk/course of construction 3 Builder's risk/course of construction 4 Builder's risk/course of construction 5 (most important) Commercial general liability Commercial general liability 1 (least important) Commercial general liability 2 Commercial general liability 3 Commercial general liability 4 Commercial general liability 5 (most important) Workers' compensation Workers' compensation 1 (least important) Workers' compensation 2 Workers' compensation 3 Workers' compensation 4 Workers' compensation 5 (most important) Environmental liability Environmental liability 1 (least important) Environmental liability 2 Environmental liability 3 Environmental liability 4 Environmental liability 5 (most important) Umbrella Umbrella 1 (least important) Umbrella 2 Umbrella 3 Umbrella 4 Umbrella 5 (most important) Auto liability Auto liability 1 (least important) Auto liability 2 Auto liability 3 Auto liability 4 Auto liability 5 (most important) Professional liability Professional liability 1 (least important) Professional liability 2 Professional liability 3 Professional liability 4 Professional liability 5 (most important) Equipment Equipment 1 (least important) Equipment 2 Equipment 3 Equipment 4 Equipment 5 (most important) Cyber Cyber 1 (least important) Cyber 2 Cyber 3 Cyber 4 Cyber 5 (most important) Other (please specify) Question Title * 2. In which provinces do you offer construction coverage to your clients? If you cover all provinces, please choose the 'All' option. All Alberta British Columbia Manitoba New Brunswick Newfoundland and Labrador Nova Scotia Ontario Prince Edward Island Quebec Saskatchewan Is there one state that you work in predominantly? Question Title * 3. Which of the following are within your construction speciality? Please choose all that apply. All General contractor (subbing out more than 90%) General contractor (self performing) Subcontractors Roofing contractors Demolition contractors Abatement contractors Heavy civil/street and road contractors Other (please specify) Question Title * 4. What percentage (on average) of business do you transact with companies in terms of their turnover in $? Less than 10 million: 10 million–50 million: 50 million–100 million: Over 100 million plus: Question Title * 5. Which carriers are your top 3 in terms of volume of business for construction? Carrier 1: Carrier 2: Carrier 3: Question Title * 6. How do you rate your top 3 carriers listed above on the following criteria, where 1 is poor and 5 is excellent? Carrier 1 Carrier 2 Carrier 3 Coverage 1 (poor) 2 3 4 5 (excellent) Coverage Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Coverage Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Coverage Carrier 3 menu Claims payment/processing speed 1 (poor) 2 3 4 5 (excellent) Claims payment/processing speed Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Claims payment/processing speed Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Claims payment/processing speed Carrier 3 menu Underwriting experience 1 (poor) 2 3 4 5 (excellent) Underwriting experience Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Underwriting experience Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Underwriting experience Carrier 3 menu Value for money 1 (poor) 2 3 4 5 (excellent) Value for money Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Value for money Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Value for money Carrier 3 menu Access to risk mitigation partners 1 (poor) 2 3 4 5 (excellent) Access to risk mitigation partners Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Access to risk mitigation partners Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Access to risk mitigation partners Carrier 3 menu Ability to create bespoke policies 1 (poor) 2 3 4 5 (excellent) Ability to create bespoke policies Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Ability to create bespoke policies Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Ability to create bespoke policies Carrier 3 menu Service to brokers 1 (poor) 2 3 4 5 (excellent) Service to brokers Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Service to brokers Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Service to brokers Carrier 3 menu Online platform 1 (poor) 2 3 4 5 (excellent) Online platform Carrier 1 menu 1 (poor) 2 3 4 5 (excellent) Online platform Carrier 2 menu 1 (poor) 2 3 4 5 (excellent) Online platform Carrier 3 menu Question Title * 7. What percentage of your book is captives single parent and group captives? Captives single parent: Group captives: Alternative risk structure: No captives/alternative risk structure Question Title * 8. Which of the following criteria is most important to YOU when choosing an insurance company? 1 (least important) 2 3 4 5 (most important) Coverage Coverage 1 (least important) Coverage 2 Coverage 3 Coverage 4 Coverage 5 (most important) Claims payment/processing speed Claims payment/processing speed 1 (least important) Claims payment/processing speed 2 Claims payment/processing speed 3 Claims payment/processing speed 4 Claims payment/processing speed 5 (most important) Underwriting expertise Underwriting expertise 1 (least important) Underwriting expertise 2 Underwriting expertise 3 Underwriting expertise 4 Underwriting expertise 5 (most important) Value for money Value for money 1 (least important) Value for money 2 Value for money 3 Value for money 4 Value for money 5 (most important) Access to risk mitigation partners Access to risk mitigation partners 1 (least important) Access to risk mitigation partners 2 Access to risk mitigation partners 3 Access to risk mitigation partners 4 Access to risk mitigation partners 5 (most important) Ability to create bespoke policies Ability to create bespoke policies 1 (least important) Ability to create bespoke policies 2 Ability to create bespoke policies 3 Ability to create bespoke policies 4 Ability to create bespoke policies 5 (most important) Service to brokers Service to brokers 1 (least important) Service to brokers 2 Service to brokers 3 Service to brokers 4 Service to brokers 5 (most important) Online platform Online platform 1 (least important) Online platform 2 Online platform 3 Online platform 4 Online platform 5 (most important) Question Title * 9. Do you think your construction insurance volume will increase or decrease in 2024? Increase Decrease Stay the same Question Title * 10. What changes would you like to see in the construction insurance space in the next 12 months? Question Title * 11. Do you think ESG is an emerging issue in construction coverage? Yes No Question Title * 12. The answers and ratings you provide in this research will be completely anonymous. The information gathered will be used as collective figures and trends across our industry special reports and articles. Thank you for taking part in this important research. Email address: Company: Name: Submit
