Message from the CEO

Construction Site
Navigating A&E Professional Liability 
Jeff Slivka's article recently published in Construction Business Owner 
 
With construction spending continuing to increase and the size of new commercial building on the rise, Architects and Engineers (A&E) Professional Liability insurance is of paramount importance.  In his recently published article titled, Navigating A&E Professional Liability, Jeff Slivka discusses the insurance trends that should be considered when working with design firms.  He specifically discusses the trends surrounding A&E Professional Liability and the leading drivers for this type of coverage. Read the complete article here and contact your New Day Consultant at 609.298.3516 for more information. 
New Day Named a Best Place to Work in NJ
Ranked 14th Out of 70 

New Day is pleased to announce that for the third year in a row we have been named a top company to work for in New Jersey.  This year we ranked 14th out of 70 in the small to medium size company category on the NJBiz 2016 list of Best Places to Work in New Jersey.  This award is a testament to New Day's commitment to providing the insurance community with the finest risk management resources available but also ensuring that our employees receive the support, guidance and attention needed to thrive in a nurturing, team-oriented environment.  We couldn't be more thrilled with this award and honor.

To qualify for this award, New Day's employees voluntarily responded to an anonymous survey regarding the company's benefits, culture, environment, etc.  A special thank you goes out to our team for allowing us to earn this great distinction. 
New Day Welcomes...  
Tim Jones, Cara Giquinto & Linda Babiak 
 
Tim Jones (left), Cara Giquinto (middle), Linda Babiak (right)
Please join us in welcoming three new employees to the New Day team. Tim Jones, Consultant, and Cara Giquinto, Senior Account Manager, both in the Real Estate Group. In addition, Linda Babiak, Account Manager, has joined the Construction Group. Please click their names below to learn more.

Tim Jones
Cara Giquinto
Linda Babiak
Are You Following the New Day Blog?

CPrL, CPL, PLL, and more

Claims examples, relevant industry articles, and more. That's what you'll find on the New Day blog.  Looking for Contractor's Pollution and Professional Liability (CPrL) claims examples? How about Pollution Legal Liability (PLL) claims examples?  Updated regularly, New Day's blog is your one-stop resource for valuable information like this that you can share with your insureds to educate them on the numerous environmental and construction-related professional liability exposures they may face on a daily basis.  Don't miss out.  Follow our blog today. Just follow these instructions:
  1. Go to https://blog.newdayunderwriting.com/
  2. Enter your email address in the Email Subscription field on the right side of the page.
  3. When you receive an email confirmation, be sure to click to Manage your subscription and change the default notification setting from immediate to either daily or weekly.
Risk Tip
Claims Handling by the Retail Broker - Tips for Improving Carrier Responsiveness
By: Jon Polevoy, Consultant 
 
When a retail agency gets involved in a claim we have found that the most successful agencies have a process that usually assists the Insured in getting a more favorable outcome. The following tips can help you effectively resolve claims:
  • Review and understand the coverages provided, including the exclusions and exceptions
  • Provide timely notice of a claim to all carriers that may potentially provide coverage. For example, a liability claim may be covered, in whole or in part, under multiple policies (e.g. general liability and professional liability)
  • Handle the claim proactively
  • Build a team to support the claims handling process
  • Understand the facts and prepare a clear, complete and concise summary
  • Identify the key decision maker(s)
  • Be prepared to challenge the carrier's coverage position
  • Set realistic expectations of claim resolution
  • Consider a global resolution of the claim
  • Carefully select outside counsel when appropriate
Read more. 
OSHA Issues Crystalline Silica Rule 
Protecting Construction Workers from Exposure 
 
OSHA is issuing two standards to protect workers from exposure to respirable crystalline silica - one for construction, and the other for general industry and  maritime - in order to allow  employers to tailor solutions to the specific conditions in their workplaces.  This may or may not impact your current commercial general liability program and/or contractor's pollution liability program.  Contact your New Day consultant to learn more. You can review the OSHA Fact Sheet to learn: 
  • Who is affected by the construction standard?
  • What does the standard require?
  • What is Table 1?
  • Alternative exposure control methods
  • When are employers required to comply with the standard?
  • Additional Information
Employee Spotlight 
Nicole Jeffers, CRIS, Senior Account Manager   

Nicole Jeffers is a Senior Account Manager in New Day's Construction Group.  Meet and get to know Nicole as we sit down for a Q&A session.

Read here for a Q&A with Nicole.
New Day Successes
Recent Placements

Risk Type
Product Type
Premium
Construction
Major marine based contractor
Contractor's Pollution/Professional Liability & Protective Indemnity
$225,000
Major utility contractor
Contractor's Professional Liability & Protective Indemnity
$585,000
Major utility contractor
Contractor's Pollution Liability
$165,000
Demolition/Environmental Contractor
Professional Liability/Contractor's Pollution Liability
$550,000
Trucker
Contractor's Pollution Liability
$17,000
Interior Fit Out Contractor
Contractor's Pollution Liability
$15,000
Plumber
Professional Liability/Contractor's Pollution Liability
$14,000
Mechanical Contractor
Professional Liability/Contractor's Pollution Liability
$55,000
General Contractor/Construction Manager
Contractor's Pollution/Professional Liability & Protective Indemnity
$120,000
General Contractor
Professional Liability/Contractor's Pollution Liability
$40,000
Convention Center
Owner's Protective Professional Indemnity
$600,000
Electrical Contractor
Professional Liability/Contractor's Pollution Liability
$16,000
Geotechnical Engineer
Architects & Engineers Professional Liability
$85,000
Natural Gas Processing & Treatment Facility - EPC Contractors
Professional Liability/Contractor's Pollution Liability
$50,000
Construction Management Firm
Professional Liability/Contractor's Pollution Liability
$36,877
Electrical Contractor
Professional Liability/Contractor's Pollution Liability
$32,516
Civil Engineer
Professional Liability/Project Contractor's Pollution Liability
$98,655
 
Real Estate
Hotel/Casino Operator
Pollution Legal Liability
$61,028
Hospitality
Pollution Legal Liability
$31,000
Development of Service Facility
Pollution Legal Liability
$31,000
Recycler
General Liability/Pollution Legal Liability
$80,000
Recycler
Excess
$42,000
Sewage Company
Pollution Legal Liability
$25,800
NYC Redevelopment Project - Former Hospital
Pollution Legal Liability
$100,000
NYC Redevelopment Project - Former Hospital
Project Contractors Pollution Liability - Owners Controlled Insurance Program
$70,000
International Aluminum Manufacturing/Fabrication Company
Pollution Legal Liability
$300,000
Chemical Distributor - Janitorial Supply Chemicals
General Liability/Pollution Legal Liability and Excess
$300,000
Fats, Oils and Grease (FOG) Treatment/Processing Company
General Liability/Pollution Legal Liability and Excess
$30,000
Food Storage Facilities
Pollution Legal Liability
$75,000
Redevelopment - Large Drug Store Chain Tenant - Former Car Dealership/Service Station
Pollution Legal Liability
$110,000
Logistic Company Including Port Operations
Pollution Legal Liability
$180,000

New Day Logo
2465 Kuser Road
Give us a call today!
Suite 202
Hamilton, NJ 08690
609.298.3516
[email protected]