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Risk compliance is an essential component of successful construction projects. “It’s right up there with safety, if you ask me,” said Controller Matt Hott. “It’s a big part of our financial safety plan.”
The risk compliance coordinator ensures all insurance documents relating to our projects are up-to-date, accurate and prepared on time. This goes for Primus insurance documents as well as monitoring our subcontractor insurance documents for the same traits. It’s a big job that requires a full-time person.
Enter Brandon Nicholson. Brandon has been a licensed insurance agent since 2002 and has worked for National Home Builders for many years, a role that aligns closely with this one.
“I was an insurance agent with All State for a year, but this job is more in my wheelhouse,” he said. “It’s like coming home.”
Brandon’s responsibilities include:
The subcontractor component is crucial because it protects Primus from losses that would arise from subcontractor claims. It is also time consuming – our larger projects have 50 or more subs, and it must be completed for each project.
“If Primus is drawn into a claim arising out of subcontractor work, I’m glad I’m here to protect the company’s interests,” Brandon said.