"The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it" - Michelangelo 

The Globe-Allianz Anderson Insurance Network involves a joint venture between Globe-Allianz LLC and the Anderson Insurance Comapny. Globe-Allianz Anderson focuses primarily on insurance review and consultation for the development, construction, and real estate industries.

A thorough and specialized insurance risk assessment should be a priority of every developer and contractor for in all too many instances and for many reasons the insurance in place can be inadequate. We all know that building codes and labor laws vary by locality, not only by country, but by state, province, or region. It is essential that you have an insurance agent that specializes in your business.

The Globe-Allianz Anderson Network offers a complete review of your existing insurance and risk management program. We will always provide the proper coverage by recommending “wrap-a-rounds” that provide insurance for all of the subs-contractors. Even more important for the contractor is that the coverage be written through a Contractor’s Protective and Professional Liability Policy (CPPI), which is the most comprehensive policy in the market.  Meanwhile, developer’s need the Owner’s Protective Professional Liability Insurance Policy (OPPI).

Worker’s Compensation is equally important and should also be a “wrap-a-round” on any given project in order that every worker on the site is covered by the same policy. This not only avoids the problems of dealing with multiple carriers, but avoids the policing of the sub-contractors about maintaining proper coverage in force at all times. “Hold Harmless” agreements really do not work all that well and even “Additional Named Insured” endorsements can and do lead to litigation. A comprehensive umbrella policy designed for developers and contractors also should be placed over the above policies in order to fill any coverage gaps or limitations in these other policies. We also provide “All Risk”, Builder’s Risk”, and “Contractor’s Equipment” policies. We even arrange competitively priced Ocean Marine Cargo Insurance designed to cover building materials and other products imported from abroad or shipped internationally.  

One of the more important insurance issues facing any developer or contractor is surety, including bid, performance and completion bonding. Without a bond, many projects simply cannot move forward.  Obtaining a bonding line in today’s market is even more difficult as so many surety providers have either pulled back or left the markets entirely.

Please also review the tremendous tax saving advantages of Captive Insurance Company strategies that also are described on this site.