Recipient of 2022 5-star Construction Excellence Award from Insurance Business America Magazine

Bankers Insurance Group is a proud recipient of the 5-star Excellence Award from Insurance Business America Magazine (IBA) in the category of Construction Insurance. This award recognizes the trust and relationship we work hard to build among construction contractors.

The Role of the Construction Industry In the US

The construction industry plays a critical role in the US economy. With over 745,000 employers and over 7.6 million employees, it creates nearly $1.4 trillion of structures yearly. As part of the construction insurance sector, we have the great responsibility of protecting these businesses. 

IBA’s Methodology for Choosing the Winners

Insurance Business America surveyed hundreds of brokers across the country and asked them to rate the construction insurers they have worked with over the past 12 months based on 14 categories. The insurance providers that received the highest rankings earned the 5-star award in construction insurance.

“We are honored to debut on the list for the first time this year,” said Ryan Hodges, Vice President of Product and Underwriting, Bankers Insurance Group. “The award from IBA validates our commitment to provide a competitive product mix that meets the needs of today’s contractor. It also highlights our best-in-class customer service, which differentiates Bankers from other carriers.”

Our program offers competitive Builders Risk products across the United States. We have been in this market for years and understand what builders need to get the job done and build with confidence. We hope to continue working closely with brokers to provide the products and experience builders need in this tough, but steady market.