Builders Risk Liability
Antoine Albis
Construction Risk & Builders Risk Specialist · McCAM Insurance Brokers
Builders Risk Liability Specialist
Meet Your Specialist"A building under construction is exposed in ways a finished property never is — the right builder's risk policy protects the project at every stage."
Antoine Albis works proactively with contractors, developers, and property owners to identify hidden financial exposures on active construction and renovation projects before they become expensive problems. Most construction projects aren't underinsured on purpose — they become underinsured because costs, timelines, and project values change faster than the policy does.
He reviews completed project values carefully to help reduce underinsurance exposure, helps structure Builder's Risk and Wrap-Up Liability properly from the start, and helps clients understand contractor insurance requirements and risk transfer protection. As a Certified Cyber Specialist as well, Antoine also brings insight into the growing fraud and cyber exposures facing construction businesses today.
Key Risks for Construction Projects.
No jargon — just the exposures that turn a construction project into a financial disaster, and why they matter.
Fire & Water Loss Mid-Build
A weekend water loss or a fire weeks before completion can damage finished work, delay occupancy for months, and create major financing pressure.
Theft of Materials & Equipment
Copper wiring, HVAC units, and tools are frequent targets before installation — and standard property policies don't always follow materials on-site.
Rising Rebuild Costs
Builder's Risk limits are often set months before construction begins. A project insured for $2 million can cost $2.7 million to rebuild once material and labour costs rise.
Contractor & Subcontractor Gaps
Not every contractor on-site carries proper insurance. Without valid coverage in place, claims can come back against the owner's own policy first.
Uncoordinated Wrap-Up Liability
Large projects involve multiple contractors carrying different policies with different exclusions and limits. Without properly structured Wrap-Up Liability, one serious injury claim involving multiple trades can quickly become a financial and legal nightmare.
Is Your Builders Risk Liability Coverage Actually Aligned?
Most project owners don't realize their Builder's Risk limit may no longer reflect today's rebuild costs until after a loss happens. Policies are sometimes structured only to satisfy lender requirements — not the project's actual exposures.
The right coverage can help keep a project moving after a loss. The wrong coverage can delay financing, create legal disputes, and leave owners responsible for major uninsured costs.
Let's Review Your Builders Risk Coverage.
Tell us a bit about your business and a McCAM specialist will review where you may be exposed — no obligation.