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SFA Reports New Insurance Program

November 20, 2008

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The Steel Framing Alliance and DiBuduo & DeFendis Insurance Brokers LLC have launched an insurance program that provides builders who use steel framing with a discount on a broad range of insurance products. Named STEEL Advantage, the program is specifically tailored for cold-formed steel-framed construction projects, including single-family tract, low-rise multi-family, mid-rise commercial and mixed-use structures. The program is currently available to all cold-formed steel construction projects nationwide.

“The Steel Framing Alliance continues to provide resources to both owners and builders so that they can explore innovative and cost-effective framing solutions for their next project. This new suite of insurance products demonstrates our commitment to the building community,” said Bill Kraft, director of marketing for the SFA.

With STEEL Advantage, the alliance and DiBuduo & DeFendis are enhancing the level of insurance products available in the market. DiBuduo & DeFendis have held negotiations with major insurance providers to create a suite of products including general liability, umbrella and excess liability, workers’ compensation, builders’ risk, and commercial property.

Through the program, DiBuduo & DeFendis will also be equipped to provide Zurich’s Builders Risk Insurance, an innovative insurance program that recognizes steel framing as superior construction and significantly slashes premiums for steel-framed products when compared to combustible structural framing materials. The program is underwritten by Zurich North America and administered by Zurich Insurance Services. 


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