Business risk management means more than finding an insurance option. Considering the whole picture helps us to build a comprehensive plan that includes an array of products or services. For 23 years we've been working with construction contractors in Alaska and the Pacific Northwest, from large multi million dollar road paving operations to smaller residential remodelers and every trade in between, it's an industry we know and understand.
From large office buildings, hotels and retail outlets to lodges, residential habitational, manufacturing locations and cannabis facilities, we have a diverse portfolio of products and services designed to protect your assets and cash flow for years to come.
From large office buildings, hotels and retail outlets to lodges, residential habitational, manufacturing locations and cannabis facilities, we have a diverse portfolio of products and services designed to protect your assets and cash flow for years to come.
Services
Contractors face unique risks and require a vigilant risk management program to protect their assets against lawsuit and claims. The rate of failure for contractors typically runs about 14 percent annually and many more do not make it to the five-year mark.
There are numerous reasons and one of our construction risk management professionals would be happy to have that conversation with you, but the one common thread in many of the most cited reasons traces back to a failure to plan.Often at the heart of this failure to plan, is the necessity to manage risk appropriately, it guides every decision you make along the way.
There are numerous reasons and one of our construction risk management professionals would be happy to have that conversation with you, but the one common thread in many of the most cited reasons traces back to a failure to plan.Often at the heart of this failure to plan, is the necessity to manage risk appropriately, it guides every decision you make along the way.
Owning and leasing commercial or residential multi-unit family dwellings in Alaska has historically been a good investment mechanism for turning cash into more cash and building a long term asset. For 23 years, Business Insurance Associates has worked with hundreds of commercial property owners across Alaska, with diverse needs as unique as they are.
Transportation has always been, and will continue to be one of the main staple industries in Alaska, critical for delivering goods and people around a state that has no shortage of logistical challenges.
From trucking, public transportation and tour guides, to marine transportation, ocean cargo and air travel, each company has very unique operations, varying appetites of risk, and different exposures, and require a fluid insurance program capable of addressing key exposures and protecting company assets.
From trucking, public transportation and tour guides, to marine transportation, ocean cargo and air travel, each company has very unique operations, varying appetites of risk, and different exposures, and require a fluid insurance program capable of addressing key exposures and protecting company assets.
The risks for restaurants, bars, hotels and others in hospitality are numerous. Failure rates are among the highest of all businesses in this sector, and managing risks and protecting assets is a key component of success. You may have hundreds, thousands or even tens of thousands of guests on your property on a given day, and each one of those guests represents an opportunity, but only for those who do take risks.
As Alaska's population continues to age, the demand for long term care needs has never been greater, and will continue to increase in the coming years. In Anchorage alone there are over 600 licensed assisted living facilities, ranging in most cases from 2 to 8 beds and caring for the elderly, the terminally ill, people with behavioral and emotional issues, and other folks who need varying degrees of care.
