Everything you Need to Know about Subcontractor Default Insurance

When:  Mar 14, 2018 from 4:30 PM to 7:30 PM (ET)
Associated with  Mass, Boston, MA

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Subcontractor failure continues to be one of the most prominent risks contractors face. Over the past decade, we have seen a standardization of Subcontractor Default Insurance (SDI) as the preferred subcontractor default risk management tool among contractors, project owners, and the lending community. Please join us for an interactive presentation that will include some of the following topics:

- Overview of SDI
- Current state of the market
- SDI program considerations
- Project benefits with SDI
- Case Studies: Highlight a few high profile claim scenarios
- Best practices for mitigating the impact of a subcontractor default


Jim Budwell

Jim Budwell is Director of SDI Risk Management and Claims for Construction Risk Partners, A JLT Group Company. In his role, Jim brings enhanced support, service and perspective to both SDI Claims and Risk Management advisory. He manages SDI claims and provides technical guidance for a large portfolio of regional and national SDI clients. Jim brings a unique perspective as he has worked on the contractor, insurance carrier, and brokerage sides of the business.

Andy O’Brien


Andy O’Brien is a Partner with Construction Risk Partners, A JLT Group Company. He is primarily responsible for leading the development and growth of the Boston office. Andy has over 15 years of experience in managing large complex construction risks on behalf of project owners, developers, and contractors. Throughout his career, Andy has designed and brokered the construction insurance programs for some of the most prominent firms locally and nationally.


Registration: 4:30PM – 5:00PM
Presentation: 5:00PM – 5:45PM
Networking: 5:45PM – 7:30PM


560 Harrison Ave. lot.
Included with registration


  • Heavy Hors D'oeuvre’s
  • Beer & Wine included
  • Dessert Station
CATERING BY: Above & Beyond Catering



Shawmut Design and Construction
560 Harrison Ave.
Boston, MA 02118

Pricing Information

Registration Price
CFMA-Member $100.00
Non-CFMA-member $110.00


John Hastings