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Risk Tip
If you manage subcontractors or make field decisions that vary from approved plans and specifications - even if you are not contracted as an at-risk construction manager, then you still have a vicarious construction management exposure. |
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Product Highlight - Professional Liability Insurance
 Over the past several years the insurance marketplace for professional liability insurance (PL) for design professionals (architects, engineers, etc.) has continued to change. The dynamic that is being created is that new carriers have entered the market, design professionals face new exposures and new coverages are being created to address the new and evolving exposures. The coverage choices among carriers are greater than they have ever been. As a result, the proper analysis of an account's exposure, an in-depth understanding of the market and the customization of the PL program for your design professional client has become a more complex and complicated task - and one that New Day can make easier! Read more.
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New Day Gives Back - Trenton Soup Kitchen
 The team at New Day continues to make giving back to the community in which we work a top priority. Last October, our team volunteered at the Trenton Soup Kitchen during the course of the Insurance Industry Charitable Foundation's (IICF) Week of Giving. Our staff truly enjoyed helping out so we decided to volunteer at the soup kitchen on a more regular basis. So, on the second Monday of every month throughout 2013, a group of three New Day team members will volunteer at the soup kitchen by serving lunch for a couple of hours. This month, the money from New Day's "giving back" jar was used to purchase some much needed personal hygiene items, which were brought to the soup kitchen by Jeff Slivka, Joe Buono and Maria Vutskova Gilbert, this month's volunteers. It truly is a wonderful feeling for the entire New Day team to help those less fortunate.
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New Day Takes on New York City
 For the second year in a row, the New Day team spent a fabulous day in New York City on March 20th in celebration of our 8th anniversary as well as our recent successes. Our jam packed agenda included an exciting tour of Radio City Music Hall, a matinee of the wonderful Broadway musical "Jersey Boys" and a relaxing and delicious dinner at Rue 57, a french restaurant and sushi bar. Our team truly enjoyed the break from the typical routine. Many thanks go out to everyone with whom we work for allowing us to enjoy this special day. A slide show of the day's events can be viewed here.
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Success Stories
 New Day often likes to share success stories to demonstrate our expertise in negotiating policies for our broker partners including reduced premium, increased coverage terms, or possibly different coverages than what were previously held by an insured but really necessary in presenting a truly optimal solution to meeting their risk management needs. This quarter, we discuss two success stories. Read more about each by clicking their title.
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Claims Examples
Did you know about the New Day blog, New Day News and Views? Since its launch in 2010, New Day News and Views, our library of claims examples, success stories, industry news, and more, has become a valuable tool for our broker partners. With such valuable information at your fingertips, you can't afford to not subscribe and we are excited to have you join us. Read more about how to subscribe.
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New Day Underwriting Managers LLC
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