Heffernan Insurance Brokers vs 
Marsh: How Do They Compare for Builders Risk Insurance?
Heffernan Insurance Brokers serves contractors, developers and design-build firms with a wrap-up team; Marsh places builders risk through Marsh McLennan Agency's property practice, with hazard assessment and modeling.
Heffernan gathers builders-risk quotes through construction brokers and lists wrap-up contacts; Marsh McLennan Agency places the line in its property practice, including foundations and temporary structures. 1,2
What Are the Key Differences Between Heffernan Insurance Brokers and Marsh Builders Risk Insurance?
Construction Practice Versus Property Practice
MMA describes builders risk for additions, foundations and temporary structures as part of broader property coverage. Heffernan’s construction specialists gather quotes using project budget, timeline and type and list a Wrap Up Solutions team. 2 1
What Each Description Includes
Heffernan describes builders risk as protection against physical damage during the build, such as fire, theft and weather, customized to the project. MMA describes a building under construction, including additions and alterations, foundations, temporary structures, materials the insured owns, and on a limited basis materials belonging to others. Heffernan’s page does not list foundations or others’ materials; MMA’s page does not list fire, theft and weather as named perils. 1 2
Wrap-Up Contacts
Heffernan lists a Wrap Up Solutions team with its construction practice leader for builders risk and related project-specific programs. MMA’s property page does not describe a wrap-up team. If the project needs a controlled insurance program, that contact is on Heffernan’s construction page, not on MMA’s reviewed builders’ risk subsection. 1 2
What Should You Confirm in Heffernan Insurance Brokers and Marsh Builders Risk Insurance Quotes?
- Get the issuing insurer from both; neither reviewed page names one. 1 2
- Ask MMA how foundations, temporary structures and others’ materials are treated, and whether Heffernan’s markets would match that. 2 1
- Confirm whether wrap-up is in Heffernan’s proposal, and which MMA modeling or claims-advocacy services attach. 1 2
- Treat Heffernan’s 1%–4% educational cost range as not a quote; compare actual premiums and limits. 1 2
Heffernan Insurance Brokers vs Marsh Builders Risk Insurance Compared
Heffernan Insurance Brokers vs Marsh: Builders Risk Insurance: documented features by provider
| Criteria | Heffernan Builders Risk Insurance | Marsh McLennan Agency Builders' Risk Insurance |
|---|---|---|
| How to Apply | Heffernan's construction page directs buyers to contact its construction insurance specialists directly, and its builders risk FAQ describes providing project details such as budget, timeline and construction type so Heffernan can gather quotes from multiple carriers. 1Company-reported. Construction page contact route and FAQ process description. | You work with an MMA property specialist directly; the page names a National Accounts Property Practice Leader and describes advisor-led placement rather than an online quote. 2Company-reported. MMA property insurance page. |
| Coverage Features | Heffernan describes builders risk insurance as coverage that protects a construction project against physical damage during the build, such as fire, theft and weather-related events, and says it customizes the coverage to the specific project. 1Company-reported. Construction page product description; specific insuring agreements, exclusions and endorsements are not detailed on the page. | MMA says builders' risk coverage addresses risks unique to a building under construction, including additions and alterations, foundations, temporary structures, and materials and supplies owned by the insured, and on a limited basis, materials and supplies belonging to others. 2Company-reported. MMA property insurance page; illustrative description, not a specific policy form. |
| Role in This Line | Heffernan's construction insurance brokers arrange builders risk insurance for contractors, developers and other construction-industry clients. As a broker, Heffernan places the coverage with insurance carriers rather than underwriting it itself. 1Company-reported. Construction page description of the builders risk offering. Does not establish a specific carrier relationship. | Marsh McLennan Agency (MMA), Marsh's middle-market subsidiary, places builders' risk insurance as part of its broader property insurance practice, not as a separately branded product. 2Company-reported. MMA property insurance page, Builders' Risk subsection. |
| Risk Services | Heffernan lists a dedicated Wrap Up Solutions team alongside its construction practice leader as contacts for builders risk and related project-specific insurance programs. 1Company-reported. Construction page practice-leader contact block. | MMA says its property practice offers hazard assessment and valuation services, loss and catastrophe modeling, claims advocacy, pre- and post-loss risk control, and program design expertise drawn from its global market experience. 2Company-reported. MMA property insurance page, Benefits of Property Insurance and Builders' Risk sections; these services are described for the property practice generally, not exclusively for builders' risk. |
