Marsh vs StartupInsurance.ai Builders Risk Insurance

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. ⁵Company-reported. MMA property insurance page, Builders' Risk subsection.

StartupInsurance.ai does not underwrite builders risk coverage itself. ContractorNerd Insurance Services, LLC, the licensed property and casualty agency behind the brand, is licensed in all 50 states and arranges placement; its terms describe the company as an insurance agency/producer that does not underwrite insurance. ^9,10,8Company-reported. ContractorNerd's terms and conditions and insurance-licenses page; describes the brokerage's general role, not builders-risk-specific placement terms.

The reviewed page does not name a specific builders' risk insurer. ⁵Not publicly disclosed. MMA property insurance page as read on 2026-09-23.

The homepage's carrier panel names six insurers at the program level (The Hartford, Chubb, Coalition, Tokio Marine HCC, Travelers and CNA) but does not state which one, if any, underwrites a given company's builders risk policy. ⁸Not publicly disclosed. Carrier panel is program-wide rather than broken out by line; the insurer for a builders risk placement is not disclosed on the pages reviewed and varies by placement.

Not described in the reviewed sources.

The section frames these seven lines around founders "building robots, hardware, energy or defense tech," saying StartupInsurance.ai treats them as "our daily lines, not our exceptions" — positioning builders risk as a line it places regularly for hardware-adjacent startups with a construction or build-out project, rather than as a rare add-on. ⁸Company-reported. Same homepage section; describes the target customer segment StartupInsurance.ai says it serves for this catalogue of lines, not formal underwriting eligibility criteria.

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. ⁵Company-reported. MMA property insurance page; illustrative description, not a specific policy form.

StartupInsurance.ai lists Builders Risk among seven lines in the homepage's "Physical risk, because AI outgrew software" section — Products Liability, Inland Marine, Tools and Equipment, Commercial Auto, Builders Risk, Surety and Property — offered alongside the core startup program of GL, cyber, D&O and related lines. ⁸Company-reported. Homepage "Physical risk, because AI outgrew software" section as read on 2026-09-23; the reviewed page names the line but does not describe project types, coverage period, or specific policy terms.

Not described in the reviewed sources.

The reviewed pages do not publish sample builders risk project-value limits, covered perils, or policy-period terms. ^8,7Not found in reviewed sources. Homepage and quote-intake screen as read on 2026-09-23; limits would only surface on an actual quote.

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. ⁵Company-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.

Not described in the reviewed sources.

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. ⁵Company-reported. MMA property insurance page.

The physical-risk section's call to action reads "Ask about your insurance requirements →" rather than the "Get Quotes" button used elsewhere on the homepage, indicating builders risk is discussed with a specialist rather than quoted through a self-serve form. ⁸Company-reported. Homepage "Physical risk, because AI outgrew software" section as read on 2026-09-23; the page does not describe what that conversation covers.

The public quote-application's coverage-selection screen offers seven checkboxes (D&O, Cyber, Tech E&O, EPL, Fiduciary, Crime and GL); Builders Risk is not one of them, so it is not part of that self-serve intake flow. ⁷Not found in reviewed sources. Initial coverage-selection screen of the quote application as read on 2026-09-23; a later screen or specialist conversation could still address this line.