{"id":741519,"date":"2023-03-21T08:11:56","date_gmt":"2023-03-21T12:11:56","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/"},"modified":"2023-03-21T08:11:56","modified_gmt":"2023-03-21T12:11:56","slug":"procore-launches-construction-insurance-brokerage-to-empower-builders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/","title":{"rendered":"Procore Launches Construction Insurance Brokerage to Empower Builders"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Procore Launches Construction Insurance Brokerage to Empower Builders<\/b><\/p>\n<p class=\"bwalignc\"><i>Procore Risk Advisors helps customers leverage technology investments and operational excellence for better insurance terms<\/i><\/p>\n<p>CARPINTERIA, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nProcore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced its latest offering, Procore Risk Advisors, which will simplify and improve one of the construction industry\u2019s biggest challenges: insurance. Procore Risk Advisors is a modern construction brokerage offering enhanced insurance solutions, including exclusive A+ rated insurance programs in partnership with Allianz Global Corporate &amp; Specialty and Swiss Re.\n<\/p>\n<p>\n&#8220;For the past two decades, Procore\u2019s vision has been to improve the lives of everyone in construction, and Procore Risk Advisors helps us further this vision by modernizing the construction insurance space,\u201d said Tooey Courtemanche, Founder, President and CEO of Procore. \u201cBringing everyone in construction onto a global platform has clear benefits: better communication, less rework, and safer projects\u2014all of which helps mitigate risk. It also means construction decision makers around the globe are generating a tremendous amount of data that they can leverage to enhance insurance underwriting decisions helping to mitigate their risk.\u201d\n<\/p>\n<p>\nProcore Risk Advisors rewards Procore customers for their risk mitigation and technology adoption by leveraging data-based insights from Procore&#8217;s construction platform to help drive the insurance terms, pricing, and capacity customers have earned.\n<\/p>\n<p>\n\u201cProcore\u2019s technology platform captures data on multiple aspects of a construction project, from field to office,\u201d explained Paul Lyandres, President of Fintech at Procore. \u201cProcore Risk Advisors combines construction expertise, real-time data insights, and technology to unlock better insurance and surety outcomes for builders.\u201d\n<\/p>\n<p>\nProcore Risk Advisors combines:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nExclusive capacity: In-house underwriting programs with rapid quote times backed by A+ rated carriers.\n<\/li>\n<li>\nImproved terms: Procore aims to help clients secure more favorable terms by leveraging data-driven insights from the Procore platform.\n<\/li>\n<li>\nConstruction expertise: Expert risk partner with experience mitigating risk with technology and an App Marketplace with more than 400 partners.\n<\/li>\n<\/ul>\n<p>\n\u201cProcore Risk Advisors combined phenomenal construction risk expertise with the unique ability to use data to represent our superior operational efficiency, risk management, and financial controls,\u201d said Casey French, CEO of Clark Construction Inc. \u201cThis resulted in drastically improved terms, making us more competitive. The executive team feels safe and secure with Procore as our partner.\u201d\n<\/p>\n<p>\nTo learn more, register for Procore\u2019s upcoming webinar on April 11 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.procore.com%2Fwebinars%2Fintroducing-procore-risk-advisors%3Futm_medium%3Dpost%26utm_source%3Dblog.procore.com%26utm_campaign%3Dpra-gtm-blog-q123%26utm_content%3DInvite&amp;esheet=53364950&amp;newsitemid=20230321005294&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=9a2d70e9d70205beda6bb3cd3b30cef9\">here<\/a>.\n<\/p>\n<p><b>Procore<\/b><\/p>\n<p>\nProcore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore&#8217;s platform. Our platform connects every project stakeholder to solutions we&#8217;ve built specifically for the construction industry\u2014for the owner, the general contractor, and the specialty contractor. Procore&#8217;s App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices in the United States, Canada, and around the globe. Learn more at Procore.com.\n<\/p>\n<p>\nProcore Risk Advisors (PRA) is a brand of Procore Insurance Services, Inc. Surety and insurance products provided by Procore Insurance Services, Inc., 221 W 6th Street, Suite 1800, Austin, TX 78701. <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fmkt-cdn.procore.com%2Fdownloads%2Finsurance%2FProcore-Risk-Advisors-Licensing-by-State.pdf%3F_gl%3D1*1yfg1cy*_ga*MTg4Mjk2MzY1Ny4xNjc2MzE2MDE5*_ga_0W3CW2NEWP*MTY3ODEyNDYxOC4zNS4xLjE2NzgxMjQ2NTUuMjMuMC4w&amp;esheet=53364950&amp;newsitemid=20230321005294&amp;lan=en-US&amp;anchor=Licensing+Information&amp;index=2&amp;md5=544446b05cf22429c4521376d62a5806\">Licensing Information<\/a><\/p>\n<p><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.procore.com&amp;esheet=53364950&amp;newsitemid=20230321005294&amp;lan=en-US&amp;anchor=www.procore.com&amp;index=3&amp;md5=c834569bebc7216a4162e0d4ec1096f2\">www.procore.com<\/a><\/p>\n<p>\nPROCORE-IR\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230321005294r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230321005294\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230321005294\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Elizabeth Locke<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:press@procore.com\">press@procore.com<\/a><\/p>\n<p><b>Investor Contact<br \/>\n<\/b><br \/>Matthew Puljiz<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:ir@procore.com\">ir@procore.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Software Banking Accounting Professional Services Fintech Data Management Technology Residential Building &amp; Real Estate Commercial Building &amp; Real Estate Construction &amp; Property Insurance Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230321005294\/en\/1122698\/3\/Procore_Logo_FC_Black_CMYK.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Procore Launches Construction Insurance Brokerage to Empower Builders Procore Risk Advisors helps customers leverage technology investments and operational excellence for better insurance terms CARPINTERIA, Calif.&#8211;(BUSINESS WIRE)&#8211; Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced its latest offering, Procore Risk Advisors, which will simplify and improve one of the construction industry\u2019s biggest challenges: insurance. Procore Risk Advisors is a modern construction brokerage offering enhanced insurance solutions, including exclusive A+ rated insurance programs in partnership with Allianz Global Corporate &amp; Specialty and Swiss Re. &#8220;For the past two decades, Procore\u2019s vision has been to improve the lives of everyone in construction, and Procore Risk Advisors helps us further this vision by modernizing the construction insurance &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Procore Launches Construction Insurance Brokerage to Empower Builders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741519","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Procore Launches Construction Insurance Brokerage to Empower Builders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Procore Launches Construction Insurance Brokerage to Empower Builders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Procore Launches Construction Insurance Brokerage to Empower Builders Procore Risk Advisors helps customers leverage technology investments and operational excellence for better insurance terms CARPINTERIA, Calif.&#8211;(BUSINESS WIRE)&#8211; Procore Technologies, Inc. (NYSE: PCOR), a leading global provider of construction management software, today announced its latest offering, Procore Risk Advisors, which will simplify and improve one of the construction industry\u2019s biggest challenges: insurance. Procore Risk Advisors is a modern construction brokerage offering enhanced insurance solutions, including exclusive A+ rated insurance programs in partnership with Allianz Global Corporate &amp; Specialty and Swiss Re. &#8220;For the past two decades, Procore\u2019s vision has been to improve the lives of everyone in construction, and Procore Risk Advisors helps us further this vision by modernizing the construction insurance &hellip; Continue reading &quot;Procore Launches Construction Insurance Brokerage to Empower Builders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-21T12:11:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230321005294r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Procore Launches Construction Insurance Brokerage to Empower Builders\",\"datePublished\":\"2023-03-21T12:11:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/\"},\"wordCount\":595,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230321005294r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/procore-launches-construction-insurance-brokerage-to-empower-builders\\\/\",\"name\":\"Procore Launches Construction Insurance Brokerage to Empower Builders - 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(NYSE: PCOR), a leading global provider of construction management software, today announced its latest offering, Procore Risk Advisors, which will simplify and improve one of the construction industry\u2019s biggest challenges: insurance. Procore Risk Advisors is a modern construction brokerage offering enhanced insurance solutions, including exclusive A+ rated insurance programs in partnership with Allianz Global Corporate &amp; Specialty and Swiss Re. &#8220;For the past two decades, Procore\u2019s vision has been to improve the lives of everyone in construction, and Procore Risk Advisors helps us further this vision by modernizing the construction insurance &hellip; Continue reading \"Procore Launches Construction Insurance Brokerage to Empower Builders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-21T12:11:56+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230321005294r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Procore Launches Construction Insurance Brokerage to Empower Builders","datePublished":"2023-03-21T12:11:56+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/"},"wordCount":595,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230321005294r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/procore-launches-construction-insurance-brokerage-to-empower-builders\/","name":"Procore Launches Construction Insurance Brokerage to Empower Builders - 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