Construction & Contractor Insurance
Control costs, minimize disruptions, and gain a competitive advantage.
Companies in the construction industry often struggle with inefficient insurance programs that disrupt operations and create financial unpredictability.
At CMB Insurance Brokers, we specialize in construction-specific insurance solutions.
As a locally owned, Alberta-based, Canadian company, we offer personalized, timely service with local expertise to effectively manage your insurance needs.
This leads to reduced downtime, predictive cost control, and a competitive advantage.
INSURANCE SOLUTIONS DESIGNED FOR ALBERTA’S CONSTRUCTION INDUSTRY
Take Control of Your Insurance and Bonding
Optimize your Operations
Predictable Timelines
When you need to deliver, we’re always available to ensure you never miss out on valuable opportunities, providing bid bonds and insurance when needed.
Clear and Proactive Communication
Experience clear communication and timely delivery of certificates, bid bonds, and course of construction coverage to ensure your operations run smoothly.
Transparent Cost Management
Gain clarity on your insurance costs with transparent management, providing you with the information and support you need to make quick, informed decisions.
Effective Claims Management
Our expert claims team provides accurate valuations, timely resolutions, and regular updates, ensuring your claims are handled efficiently and fairly.
Strategic Planning
Avoid last-minute limitations with strategic planning and timelines that keep your bonding, construction, wrap-up, and insurance programs predictable and aligned with your business goals.
Reliable Support
Count on reliable support and contract reviews from a dedicated team that understands the complexities of Course of Construction insurance, helping you navigate challenges with confidence.
Free Guide: Overcoming Insurance Frustration in Construction Projects
If you’re tired of waiting on certificates, chasing updates, and dealing with last-minute surprises, this guide shows how proactive insurance puts you back in control.
You’ll learn how leading construction companies are solving issues like:
- Missed bid deadlines because certificates weren’t ready on time.
- Idle crews waiting on proof of coverage before mobilizing.
- Project delays caused by last-minute insurance changes.
- Missed bonding or permit deadlines that cost opportunities.
Simplify and Control Your Complex Insurance Program
The path to a high-performing insurance program
Step 1: Complete Coverage Audit and Benchmarking
We thoroughly assess your current coverage and compare it to industry standards, ensuring you have the right protection at the best possible price.
Step 2: Design a Customized Insurance and Bonding Program
Based on our analysis, we create a tailored risk management program that provides comprehensive coverage while enhancing your competitive advantage, ensuring timeliness and efficiency at every step.
Step 3: Establish a Clear Service Agreement
We set clear expectations and service commitments, giving you a precise understanding of what to expect and when, ensuring transparency and consistency throughout our partnership.
Step 4: Provide Ongoing Support and Loss Control Consulting
Our proactive support and loss control consulting help you minimize risks, control costs, and keep your insurance program aligned with your evolving business needs.
Increase Operational Efficiency with Customized Insurance
Increase Operational Efficiency with Customized Insurance
At CMB Insurance Brokers, we know you need a well-performing insurance program backed by personalized, timely service that reduces downtime and enhances business operations. To achieve this, you need a broker who understands construction, responds to your specific needs, and provides the right coverage at the right price.
Unfortunately, failing to optimize your insurance can lead to costly project delays, slow claims resolutions, and unexpected financial setbacks, leaving you frustrated. We believe that personalized, timely service from a local expert, results in reduced downtime, controlled costs, and a competitive advantage.
As a locally owned, Alberta-based, Canadian company, we specialize in construction-specific insurance solutions. Our experience ensures enhanced efficiency, cost predictability, and a stronger competitive edge.
Here’s how we do it: We complete a coverage audit and benchmarking, design a customized insurance and bonding program, establish a clear service agreement, and provide ongoing support and loss control consulting.
Receive on-time and controllable insurance solutions today. And in the meantime, download our free guide: Overcoming Insurance Frustration in Construction Projects. Stop struggling with inefficient insurance programs. Instead, confidently manage a well-performing program that supports your operations and gives you a competitive edge.
On-time and Controllable
Insurance Solutions
We understand how frustrating it can be to manage rising insurance costs and navigate the complexities of specialized operations. We’ve spent decades working alongside Alberta’s top construction companies, helping them overcome these challenges with timely insurance solutions. Our deep industry knowledge and hands-on approach mean you’re not just another client—you’re a valued partner. With 39 years of experience, a dedicated team of experts, and a track record of managing over $10 billion in client assets, we provide the expertise and commitment necessary to protect and strengthen your business.
About CMB:
- 39 years of industry expertise
- Alberta-based, Canadian company
- One of the last truly independent large brokerages in Western Canada
- Independently owned, ensuring a client-first approach
- Headquartered in Edmonton with branches in Grande Prairie, Red Deer, Calgary, La Crete, and Mississauga
- Specializing in the transportation, construction, and energy sectors
- Managing over $10 billion in client assets
- Serving over 4,000 clients with a 94% retention rate
- Employing over 150 dedicated professionals
- Recognized for innovative programs by Canadian Underwriter Magazine
Frequently Asked Questions:
I’m satisfied with my current broker.
We completely understand the value of loyalty—and feel the same about our clients. However, how can you be sure you’re fully satisfied without a second opinion? Many of our clients were unaware of key risks such as Course of Construction capacity, bonding gaps, subcontractor solvency, cost inflation, and shrinking margins until we reviewed their programs. These are critical areas where a specialized broker like CMB Insurance can add value.
All brokers are the same.
While it might seem that way, the truth is that construction insurance is complex, and not all brokers have the specialization required. CMB Insurance focuses on this industry specifically, meaning we understand the nuances of your business. Additionally, as a locally owned Alberta-based brokerage, we keep the money and investment in our local community.
Switching brokers is too disruptive and time consuming.
We understand the concern, and that’s why we handle the heavy lifting for you. If you’re worried about an open claim, know that our independent, in-house claims team in Edmonton is ready to assist you immediately. We make the transition seamless, so you don’t experience any disruptions to your business. We’re a rapidly growing brokerage and have a lot of success onboarding our growing list of new clients.
My current broker is very experienced.
Experience is important, but it’s also worth noting that top brokers often reserve their best service for their largest clients. At CMB Insurance, we specialize in providing top-tier service to small, mid-sized, and even large construction companies, ensuring you receive the same dedicated attention no matter the size of your business..
What about your insurance markets? Do you have gaps?
We have strong markets within the construction industry and leverage our expertise to provide tailored solutions. Every broker has different strengths when it comes to markets, and our focus on construction means we’re well-equipped to handle the unique needs of your business.
Proper risk management for the Alberta construction industry
No single insurance program can blanket all projects, so we assess your situation attentively, and construct coverage options that are as individual as whatever you are building. We offer course of construction insurance policies covering physical damage, soft costs and business interruption, and wrap-up liability programs covering all professionals and trades involved in a project. We handle contract surety bonding and have the power of attorney to issue bonding documents, so that your urgent deadlines are met.
We’re accustomed to insuring all types of construction. These include road building, sewer and pipeline construction, gas and forest plants, site excavation and grading, environmental and site remediation, industrial and commercial building, and single family and multi-family new-home construction. We insure general contractors and all trades.
From builders risk insurance and general liability insurance to commercial auto insurance and injury and property damage, we’ve got the right type of coverage for business owners, project owners and their construction sites.
Why do I need Contractor Insurance?
Too often, insurance providers offer standard, packaged solutions they assume will work for all contractors. Our specialists in construction insurance will work with you to review your portfolio, identify any associated exposures and draw up a custom solution that’s suited to your unique needs.
Whether you are a tradesperson working alone, a large construction firm with many construction projects or an independent engineer/architect — our over 30 years of in-depth experience in working with the construction industry have given us the unique expertise to craft coverage that’s specific to you and your business.
Protection for property, job site, tool, supply and equipment losses due to fire, vandalism, theft and more
Protection for equipment breakdowns
Protection for liability losses due to bodily injuries or third-party property damage
Protection for errors and omissions
Protection for loss of income due to business interruption and more
Protection for automobile losses due to accidents and vandalism
Protection for cyber losses due to data loss, credit card breach and other digital threats
Construction and contractor sectors we serve:
Appliance Repair / Delivery / Installation
Cement / Concrete Pumping, Pouring & Finishing
Crane
Equipment Rental
Fencing & Deck
Finishing / Carpenter
Food Service & Kitchen Sales and Installation
General Contractor: Industrial Commercial & Residential
Heating / Ventilation / Air Conditoner
Home Builders
Installation & Fire Proofing
Janitorial Services
Landscaping, Lawn Maintainence & Snow Removal
Power Line
Project & Facility
Construction
Refrigeration
Renewable Energy
Road Building / Grading / Paving
Septic Tank Installation, Service & Repair
Siding & Eavestrough
Explore Our Construction Insurance Articles
Our blog is a growing resource, specifically designed for professionals in the construction industry. We delve into some of the latest industry news and provide guidance on various types of construction insurance. Beyond this, we provide valuable insights from the insurance landscape and essential information from our strategic partners in financing, safety, and human resources, all tailored to meet the unique challenges of the construction sector. To get you started, here are some key articles:
5 Risks You Need to Consider in the Construction Industry: An essential read for understanding the complex risks inherent in construction projects.
Understanding Subcontractor Default Insurance: Learn about the importance of this insurance in protecting against subcontractor-related risks.
Construction Insurance: What Contractors Need to Know: A primer on the basics of construction insurance, tailored for both new and experienced contractors.
Does Your Builders Risk Policy Cover Soft Costs?: An exploration into builders risk policies and the often-overlooked aspect of soft cost coverage.
Visit our Construction Insurance Blog for the latest updates, insights, and practical advice.
Why Professionals Trust CMB
Areas We Serve:
Alberta • British Columbia • Saskatchewan • North West Territories • Ontario
