Message from the CEO

IRMI Conference Wrap-Up

Construction Risk Conference November 7-10, 2016

New Day is proud to have been a sponsor of the 36th IRMI Construction Risk Conference held in November in Orlando, Florida. This year, our team included Jeff Lejfer, Jeff Slivka, Tim Farrell, Joe Nawa, and Nicole Jeffers. The team had a very busy and informative week with constructive meetings with insureds, brokers and carriers. We are especially proud of our President, Jeff Slivka, who received the prestigious Words of Wisdom (WOW) award, which has been presented to a select group of IRMI speakers for their outstanding contribution to the construction industry and the conference.

Some additional highlights from the conference include:

An informative and well received presentation by Joe Nawa on Creating an Environmental Risk Profile
Many meetings with insurance carriers indicate that the professional marketplace is dynamic and still evolving with many strong players
Discussions with attendees indicate that more and more customers are buying pollution coverage
Good news from insureds - most are doing well and benefiting from a stronger economy
Informative presentation by FMI that discussed the continued growth in the construction industry.

We enjoyed the conference and look forward to seeing you next year in Indianapolis.

What Contractors Need to Know About Rectification and Mitigation Coverage

Jeff Slivka's article recently published in

Property Casualty 360

Recitifcation/mitigation coverage is a complex part of a Contractor's Professional Liability (CPrL) program. In his article titled "What Contractors Need to Know About Rectification and Mitigation Coverage" recently published in Property Casualty 360, Jeff Slivka discusses how rectification/ mitigation coverage differs from other first-party coverages under a CPrL program. He elaborates on the types of rectification and mitigation coverages as well as the differences in how carriers may apply this coverage.

Read the complete article here and contact your New Day Consultant today for more information.

Dawn Myers Promoted

Controller of New Day

New Day recently announced the promotion of Dawn Myers to Controller, where she oversees the company's accounting, financial, human resources and IT practices and procedures. Dawn joined New Day in 2014 as Director of Office Services with over 20 years of professional accounting and office management experience. In the past two years, she has formalized all financial reporting and established herself as a focal point on all IT and HR matters. She has established processes and procedures that have increased New Day's overall efficiency.

"Dawn has repeatedly demonstrated her ability to work independently, tirelessly enhancing efficiencies companywide," says Jefferey S. Lejfer, New Day's CEO. "We are proud to have her grow through our ranks. Her initiative has been instrumental in improving our organization."

Please join us in congratulating Dawn on her accomplishments. She can be reached at 609.298.3516 ext. 121 or dawn.myers@newdayunderwriting.com.

Holiday Giving and Celebrations

Annual Holiday Party and Adopt A Family

It's been a busy holiday season for the New Day team. Once again our team adopted two families for the holidays. We pulled together our resources and provided gifts so that these families in need could enjoy the holiday.

Our employees enjoyed an offsite, holiday party that included great food, drink and even a wonderful magician. A great time and a lot of laughs were had by all. Our annual office pot luck lunch and Pollyanna offered a time for employees to take time out of their busy workday to enjoy each others company and exchange gifts.

From our New Day family to your family, Happy Holidays!

Customer Satisfaction Survey Winner

Congratulations to Scott Foree

Congratulations to Scott Foree of MHBT, an MMA Agency. He was the lucky winner of an iPad Mini as a result of participating in New Day's Customer Satisfaction Survey. The New Day team thanks everyone who took part in the survey. Your responses help us to continuously improve in all that we do.

Employee Spotlight

Linda Babiak, Account Manager

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

Read here for a Q&A with Linda.

Risk Tip

Water Intrusion and Mold Prevention Planning
By: Joseph Nawa, CPCU, RPLU, CRIS

Talk to your clients about the importance of a water intrusion or mold prevention/management plan. Mold liability is an issue faced by nearly every type of contracting operation, and it's an issue that is not foreseeably going away anytime soon. So, it's important that organizations establish administrative controls to respond to such issues. The foundation of a water intrusion or mold prevention plan should be to educate employees on mold prevention and proper protocols and procedures in the event of a water intrusion or mold event. Also, have your clients consider the following when constructing their plan:

Establish responsibility - assign an employee as the person accountable with oversight and carrying out the mold plan. That said, a mold plan should be a top-down approach from executive management to field personnel.
Establish a response protocol - establish guidelines for field personnel in terms of how to react in the event of a water intrusion or mold event. Pre-qualify third party firms such as mold abatement firms in the event cleanup is necessary.
Manage subcontractors and owners - for subcontractors, ensure you include proper indemnity language and environmental insurance requirements in contracts to further protect yourself if the subcontractor exacerbates a situation. For owners, ensure you have a communication procedure with such parties to let them know of an issue if it arises. You'd much rather be forthright with them about an issue than hear from their attorney.
Administration - not only is it important to establish these plans and guidelines, but it's imperative the plan be executed on.

New Day Successes
Recent Placements

Risk Type	Product Type	Premium
Construction
Geotechnical Engineer	A&E Professional Liability	$100,000
Water/Wastewater Testing and Analysis Company	A&E Professional Liability	$12,000
Large University Building Redevelopment	Project-specific CPL Owner's Controlled Insurance Program	$200,000
Mechanical Contractor	Professional Liability/Contractors Pollution Liability	$28,000
General Contractor (Luxury Homes)	Professional Liability/Contractors Pollution Liability	$110,000
Street/Road Contractor	Contractors Pollution Liability	$200,000
Grading Contractor	Contractors Pollution Liability	$12,230
Waste Treatment Plant Contractor	Contractors Pollution/Professional/ Protective	$15,937
General Contractor	Contractors Pollution/Professional/ Protective	$114,767
Roofing and Siding Contractor	Contractors Pollution Liability	$49,776
New Hospital Additional	Project Contractors Pollution Liability	$40,980
Electrical Contractor	Contractors Pollution Liability	$13,452
Major Project General Contractor	Contractor's Professional, Protective and Pollution Liability	$185,000
Design/Build General Contractor	Contractor's Professional, Protective and Pollution Liability	$255,000
Major Project General Contractor	Contractor's Professional, Protective and Pollution Liability	$175,000
Commercial Building Project	Owner's Protective and Contractor's Pollution Liability	$440,000
Higher Education Project	Owner's Protective	$225,000
Real Estate
Transloader - Hazardous Chemicals	General Liability/Pollution Legal Liability	$55,000
Manufacturer of Industrial Tanks - Pressurized & Non-pressurized	General Liability/Pollution Legal Liability	$35,000
Industrial Site - Development Including Railroad & Coastal Easements	Pollution Legal Liability	$115,000
Municipalities	Pollution Legal Liability	$200,000
Steel Structure Fabricator	General Liability/Pollution Legal Liability & Excess	$330,000
Healthcare System	Pollution Legal Liability	$135,000
Contaminated Property Transaction	Pollution Legal Liability	$180,000
Oil Wells	Pollution Legal Liability	$60,000
Bleach Manufacturing	General Liability/Pollution Legal Liability & Excess	$500,000
Landfills & Transfer Stations	Pollution Legal Liability	$280,000

2465 Kuser Road

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Suite 202

Hamilton, NJ 08690

609.298.3516

info@newdayunderwriting.com

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