Ross Driscoll Jr. is the Vice President of Driscoll & Driscoll Insurance Agency and National E&S Insurance Brokers. Prior to joining the family business, he was a Contract Surety Underwriter at Zurich North America. He specializes in the risk management for contractors, especially those in fire/water restoration industry. Ross has been recognized by various insurance carriers as one of the top up and coming producers in the country. He is one of the few producers who truly understands his customer’s risks as well as how to manage them.
Michael Pinto, Phil Rosebrook Jr., and Ross Driscoll Jr. weigh in on coronavirus outbreak and how restoration contractors can step in to help their communities.
There is no doubt that the hardest line of business to write going into 2020 is Commercial Auto. For years, insurance carriers underpriced auto premiums and it caught up to them, resulting in auto being unprofitable for many carriers.
While the use of the internet increases daily, so does the sophistication level of cyber criminals. These criminals are stealing identities, hacking networks, and infecting computers with malware. Many business owners feel they are too small to be a target.
No restoration contractor would consider going without their General Liability or Property insurance, yet studies have shown you are more likely to have an Employment Practices Liability (EPL) claim than either of those.
It is not often that you find restorers without Contractor Pollution Liability (CPL) these days, as it is required by almost all TPAs, insurance companies, property managers, and anyone else who might send you work.
As a licensed general contractor and insurance broker, I’m often asked by trade and general contractors for guidance with their risk management. Usually, they’ll ask me how I managed risks with my own construction company through the years.
