Renewing Your Policies Shouldn't Be a Mystery

But if you don't know what to watch out for — it will cost you!



We Provide a Stress-Free Insurance Policy Renewal Process

Yes, it really is possible!

You shouldn’t have to feel like brokers are hiding things from you or that you’re paying more premium than you need to. That’s why we’ve crafted an insurance policy renewal experience you can look forward to and feel confident about. Seriously, that’s what we do for you! Our strategic process of negotiation (and targeted renegotiation) with all your brokers and underwriters will put you back in the driver’s seat. When the dust finally settles — you’ll be assured that you bound coverage with the best broker, purchased the best policy available, and paid the least amount of premium possible.

Our Value Proposition for You

(aka: What you’ll receive from Constructive Risk)

You’ll receive a step-by step, comprehensive plan of what we’ll be doing on your behalf from start to finish, throughout the quoting process, and during your policy period(s) after the renewal is complete.

We'll interview your current broker as well as invite other qualified brokers from our exclusive Broker-Network, and set expectations for the quoting process.

We'll strategically assign the best markets to the best brokers and ensure all parties are using the same exposure data.

We'll be in constant communication with the brokers to determine their progress and will c/c you via email on all pertinent information.

We'll set specific requirements regarding what quotes/proposals need to contain (so we can adequately compare them).

We'll create a summary report for you, highlighting the main pro’s and con’s for all quotes received.

We'll continue negotiating and renegotiating with the brokers and underwriters, convincing them to “sharpen their pencils” so that we receive the best T&C's with the lowest rates possible.

We'll summarize the services each broker would provide to you and give you our recommendation for which broker to use and which carrier(s) to bind coverage with.

We'll create a personalized 12-Month Timeline of Services for your broker to follow to ensure they're providing the best services possible throughout the policy period.

We continue to monitor your broker’s efforts all year and — when necessary — remind them to provide the services they promised and at a level that YOU expect them to.

This is why our clients save up to 55% on their insurance costs!

Your Guide to a More-Profitable Insurance Policy Renewal

My name is Charles Specht and I'm the President & CEO of Constructive Risk. Since 2008 I’ve been matching construction companies with the best brokers available to secure the best policies available while saving them as much as 55% each year on their combined annual insurance costs.

I’ll show you how to manage the insurance policy renewal process for a more favorable outcome, all the while either keeping your current broker or — if it best serves your business — helping you select a much better one from our Broker-Network of pre-qualified construction insurance specialists from around the country.

Serving as your Guide throughout the entire insurance policy renewal process, my #1 goal is to match you with the best broker possible (which may even be your current broker) and to negotiate with all vendors on your behalf in order to save you time, give you peace of mind, and help you save up to 55% on your annual business insurance costs.

PLEASE NOTE: I do NOT sell insurance. I am not appointed with any insurance carriers and I do NOT receive any commissions or “kick backs” from the carriers. I’m a wholly unbiased, fee-based insurance consultant — paid directly by you, the client — so my objectives are 100% fully aligned with yours.


My Credentials

CIC – (Certified Insurance Counselor, The National Alliance for Insurance Education & Research)

CDA – (Certified Debt Arbitrator, International Association of Professional Debt Arbitrators)

Currently serve as Lead Advisor to the Steel Framing Industry Association.

Like your current broker, I was an insurance agent for ten years before exiting the brokerage side and opening Constructive Risk. I was an Area Vice President with the 4th largest insurance brokerage worldwide and serviced a "Construction" Book of Business over $1,100,000 in annual revenues to my agency.

Served as the sole endorsed insurance broker for the American Subcontractor’s Association of California.

Served as the insurance liaison to the Steel Framing Alliance.

Served as the endorsed insurance broker for the Career Management Alliance

Client Testimonials

Frequently Asked Questions

Q: Will I have to switch my broker if I use Constructive Risk?

A: Not at all. In fact, nearly half of our clients choose to keep their agent for the renewal (while still experiencing considerable cost savings from our negotiation services). Ultimately, if you’re happy with your current broker then our goal is to keep you with them at the lowest possible cost. When our clients do choose to switch brokers, it’s because the total savings is so significant that it doesn’t make sense not to switch.

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Q: Why do I need Constructive Risk if I already have a broker?

A: When comparing our advice with that of your current insurance broker, you need to consider their perspective and lack of objectivity. Unlike your broker, Constructive Risk does not sell insurance. Unlike your broker, Constructive Risk never receives a commission, gift, or kickback from your insurance carriers. The potential gain or loss of commission income never enters into the decision-making process for us, thereby eliminating any potential conflict of interest.

In addition, your insurance broker is only as good as the companies his/her agency has access to. There are many competitive industry-specific programs available to you, but your broker may not be appointed with that program/carrier. As an independent consultant, Constructive Risk is bound only to our clients and we do only what is best for you.

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Q: How does Constructive Risk get paid for its services?

A: Constructive Risk is paid a flat-fee directly by you — the client — based on either a pre-set annual or project fee which is agreed upon in advance. The fee reflects the complexity of the project. Our clients have appreciated the fact that our fixed-fee is typically more than offset by the substantial insurance premium savings we secure for them.

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Q: What is your fee structure?

A: Typically, our pricing structure is a set flat-fee for our digital products and our consulting packages, but can also be determined on a case-by-case basis and is dependent on what we’re being hired to do. If we’re being hired to handle an organization’s insurance policy renewal process (bid management), then our compensation is typically a fixed annual fee. Although every project is different, our fee normally ranges between 1.5% – 3.5% of a company’s total annual insurance policy premium, with a minimum guaranteed annual compensation of $1,500.

As an FYI, we have never had a client not receive more premium/costs savings than our flat-fee. Our clients typically save many thousands of dollars in the form of reduced insurance premiums/costs when compared to our flat-fee.

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Q: How much money could we expect to save on our insurance after hiring Constructive Risk?

A: Every project and every client is unique. However, when hired to manage an insurance policy renewal process (bid management), our clients typically average annual insurance savings of anywhere between 0% – 55%. Moreover, many of our clients have also experienced additional savings from “sunk” and/or “hidden” insurance costs (i.e. retail & wholesale broker fees, state taxes and filing fees, final audits, deductibles on claims, etc.).

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Q: Do you work with Non-Construction businesses as well?

A: Yes, we do. Although the construction industry is our primary focus here at Constructive Risk, we've worked with plenty of businesses in other industries as well. We provide our services to many industries, such as: Healthcare, Financial Institutions, Hospitality, Education, Nursing Homes, Fitness Clubs, etc.