Construction
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Our Local Touch ensures your Advisor is invested in your community with offices in Saskatoon, Regina, and Moose Jaw.
Our Navacord partnership empowers our expert Advisors, and provides opportunity to enrich the clients and communities we serve by providing you:
Deep Industry Specialization-Exclusive Products & Services-Client Advocacy-Market Access & International Reach
Today’s Builders Risk
Builders and developers are seeing a myriad of opportunities, both large and small in the Saskatchewan’s marketplace. However, challenges such as supply chain disruptions, tariffs, and ongoing economic concerns continue to test the resilience of the industry.
Sub trades, integral to construction projects, are facing mounting pressures, including shortages in capital and manpower. These hurdles are further compounded by delayed income, wrap-up tasks, and rising operational costs. At every stage, we understand these intricacies and the balancing act of maintaining timelines, budgets, and workforce efficiency.
Our expertise lies in helping industry leaders navigate these obstacles. With a deep understanding of the construction sector’s dynamics, we work alongside builders to create sustainable and effective pathways toward growth and stability.
Industry Leadership & Commitment
Together with these committed industry associations, we turn obstacles into opportunities, ensuring your business stays ahead in a constantly moving landscape.
Trending Risk Examples
Cyber Risks
Digital tools expose firms to cyber threats that many standard policies don’t cover. Dedicated cyber insurance and strong cyber practices are important.
Capital Management
Complex contracts can create uninsurable exposures.
Supply Chain Strategy – Logistics & Resiliance
Fluctuating tariffs drive up material costs and complicate budgeting.
Market Volatility
Increasingly complex contracts often demand obligations that exceed what’s covered by insurance. Aligning contract terms with insurable risks prevents costly disputes.
Bonding Facility
The post-pandemic market has presented new obstacles including increased bond calls and borrowing difficulties for some businesses. Our innovative solutions, backed by robust surety market access, ensure you’re well-equipped to handle these uncertainties.
Workforce Management
Integrated project models can shift construction risks to professionals. Clear role definitions and risk transfer strategies are crucial.
Our Response
Our Advisors work with you to identify, assess and prioritize your risk exposures. They assess the impact and likelihood of risk to develop an overall strategy to reduce your total cost of risk.
Risk Strategy
From succession to expansion, we help you chart a long term plan aligned with your business goals.
Risk Identification
We proactively uncover and prioritize your risks—insurable and non-insurable—so you can act strategically and curb losses before they affect your bottom line.
Insurance Placement
We turn strategic insights into persuasive, data-rich submissions that secure broader coverage, stronger underwriting confidence, and ultimately lower your cost of risk at renewal.
Risk Education
Through thought leadership, benchmarking, peer forums, and tailored training, we build awareness and capability. Empowering your team to reduce claims and control your cost of risk.
Digging into the HK Henderson Difference
Claims Management Excellence
When the unforeseen occurs, our dedicated claims team ensures swift, seamless support 24/7 so you can focus on what truly matters—your projects, goals and business success.
Solutions Beyond Insurance
We collaborate with top-tier experts in legal, financial, and risk advisory services, extending far beyond traditional insurance offerings.
Risk Advisory Services
Standard coverage is not best practices with strategic risk advisory services. Whether it’s mitigating losses from supply shortages or managing contingent risks, our experts help you stay ahead of potential disruptions.
Loss Control Expertise
Our loss control specialists analyze your operations to identify and mitigate potential risks, ensuring your business remains resilient and profitable.
Business Continuity Planning
We understand the critical importance of business continuity. From workforce shortages to supply chain disruptions, it’s critical you can maintain operations even in the face of adversity. Our Advisors dig deep into your business operation, partnering with you to ensure any roadblocks are built strong into your plan.
Bonding Facility
In October, 2024 the CBSA implemented the CARM financial security model. Commercial importers now post their own financial security for the Release Prior to Payment (RPP) program. Bonds are offered on 1-3 year terms and often digitally uploaded to the CARM portal for streamlined transaction management.
Given that posting cash reduces cash flow, most of our clients prefer to post a bond. We arrange these on 1-3 year terms, and the majority of our surety providers automatically upload a digital copy of the bond to the CARM portal, where our clients attach transactions. This is one of the ways we empower our client’s success.
Learn More About Our Services
Enterprise Solutions
Comprehensive solutions for large-scale commercial enterprises.
Our Approach
Our proven IAP methodology for managing risk.
Strategic Risk Advice
Expert guidance to navigate and control complex exposures.
Insurance Placement
Proven insurance strategies, relationships, and solutions.
Your business deserves
a strategic partner
If this sounds different from your experience with insurance,
it’s time to speak with one of our Advisors.