Terry McCann, President, Chicago office, RT Specialty
Specialty: Construction/real estate development
Early on in his career, Terry McCann worked with insureds, retailers and insurance markets that had significant expertise in construction and real estate development. Through those networks, McCann was able to obtain the knowledge and experience needed to service the exposures associated with construction risks.
“Exposures of very unique and complex projects make every day a new challenge to tackle,” he says. “We work on different projects for our clients every day. Whether it is bridge construction in New York, a large condo high-rise in Florida, a large frame apartment complex in Colorado or a substantial infrastructure project that incudes tunneling, we are committed to working with the client to present the most comprehensive program structure and best markets to address the needs of the client.”
McCann finds work with retail brokers and sophisticated construction practice groups to be very rewarding, and the collaborative marketplace keeps him attuned to the emerging trends and issues insureds face. “Whether it is changes in state laws that need to be addressed by insurance carriers or unique construction methods or materials being used by insureds, communication is the key,” he says.