Case Study: a mid-market California-based general contractor saves $20K with Shepherd Savings and Procore

Mid-market California-based General Contractor saves $20K with Shepherd

The customer, a mid-market California-based general contractor, faced the challenge of securing comprehensive insurance coverage that accurately reflected their strong operational safety and technology use, particularly their existing implementation of Procore for project management. They partnered with Shepherd to obtain a tailored insurance solution.

Shepherd implemented its unique Shepherd Savings program, which offers premium discounts for contractors using modern technology like Procore. By evaluating the contractor's Procore usage during underwriting, Shepherd provided an upfront premium reduction of $20,000. This solution rewarded the contractor's existing risk management practices and provided them with a multi-line primary program and supported lead excess coverage, resulting in significant cost savings and a strengthened partnership.