Construction Industry Launches First National Private Insurance Exchange
“The AGC Alternative” is the first of its kind, nationwide private insurance exchange to serve the commercial construction industry. It began offering firms belonging to the Associated General Contractors of America quotes on insurance rates in late August.
The private exchange, developed in collaboration with Willis North America, a unit of Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, features comprehensive insurance coverage from Aetna, MetLife and Group Vision Service as part of its introductory suite of benefits.