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RIMS RISKWORLD 2025: Pete Kranz on ART Solutions, Construction Risk Financing, and Shifting from Traditional Transfer
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Andrea Wells from Insurance Journal reports from RIMS RISKWORLD 2025, where she speaks with Pete Kranz, SVP, Director of Risk Finance (ART) and Strategic Solutions at Alliant. They discuss the growth of ART solutions in the construction industry, including contractor-controlled insurance programs, subcontractor default programs, and builders risk. Pete explains why construction firms are increasingly turning to alternative risk financing solutions as the insurance market hardens, and how taking greater control over subcontractor risks is becoming more common.
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