The largest General Contractors generally have broad General Liability insurance coverage, likely because their size and risk management capabilities created the leverage with insurers needed for successful coverage negotiation. These contractors also tend to use larger national or global insurance brokers having personnel specializing in construction industry insurance and some “clout” with underwriters.
The warm weather is approaching and it’s time to fire up the barbeque. But do so safely. Thousands of fires occur each year due to barbeque related fires. Buildings are damaged, people are injured and sometimes, people die. There are a few rules property owners and managers should put in place so that tenants cooking outdoors can enjoy themselves and stay safe!
The insurance market is showing signs of hardening and that means carriers are tightening underwriting standards and increasing insurance premiums. Property owners and managers with poor loss experience, who are not proactively managing their claims practices, will suffer the financial impact of this market change on a greater basis than their peers.
Ten Essential Rules of Risk Management for Educational Institutions
We are often asked what are "best practices" for Risk Management in Educational Institutions. We thought we would share a copy of the key points addressed by Albert Risk Management in a seminar, “When Bad Things Happen to Good Institutions.”
It’s hard to believe that in today’s business environment, sexual harassment still takes place. This article discusses preventative steps that may help avoid claims and keep a company’s hard-earned reputation intact.
There is no one right answer regarding which is the preferable approach between a single-insurer or multiple-insurer coverage placement. This article outlines various considerations so that an insured can evaluate their unique circumstances and sensitivities in order to make the best decision for their company.
A claim is made and you dutifully submit the particulars to your insurance company. In reply, your insurance company responds with a letter stating that they are reserving their rights to deny coverage. This is the insurer’s way of stating they are not sure the claim is covered and informing you of your options.


Lee Gaby will be speaking at the 2020 MISBO Facilities Conference in Atlanta, GA on Monday, January 27.  He will be discussing effective assessments of risk to help close the gaps in safety as well as simplified risk mapping techniques.

Jim Evans joined Frank Napolitano, Director of Risk Management and Insurance Services of the Archdiocese of New York at the 2019 Annual Diocesan Fiscal Managers Conference on October 1st.  Their topic will discuss Captives in the Diocesan Risk Financial Program.

We presented to the Boston Bar Association in Boston, MA on June 4, 2019 and addressed current issues that we are seeing in commercial and residential leases.  

Lee Gaby joined a panel at the NCAA Derek Sheely Conference at The Milken Institute School of Public Health on April 18th.  The conference covered Reducing Catastrophic Risk for Student Athletes.  Their topic discussed Best Practices for High School Football Health.


In the Media

The successes of our longstanding client, DC Water, are highlighted in an ACE USA Advisory. ARMC is proud to have played a vital role in the initial feasibility analysis, and to have provided implementation support and independent oversight of the rolling owner controlled insurance program (ROCIP) which has helped DC Water achieve significantly improved safety, streamlined claims handling, millions of dollars in insurance cost savings for their rate payers, and broader participation by MBE, WBE, and LSDBE contractors due to availability of sound insurance protection.
Business Insurance's article "ERM lays foundation for regulatory compliance" features commentary from Joe Underwood of Albert Risk. The article discusses the linkages between compliance strategies and enterprise risk management.
Regions Bank's article "Optimizing Business Risk Response" features commentary from Joe Underwood of Albert Risk. The article discusses the concept of risk appetite and the different categories of risk response.
About Us

Albert Risk Management Consultants is a risk management and independent insurance consulting firm headquartered in Needham, Massachusetts. We offer expertise in flexible engagements, encompassing risk management and insurance audits, ongoing risk management advice and services, insurance procurement assistance, claims management, and other specialty services.


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