Background
Tim Walsh provides insights on wrap-up strategies for IRMI.com.
Mr. Walsh serves as a risk adviser and broker to owners, developers, and
contractors on risks associated with construction projects. He has expertise in
understanding and managing risks arising from construction operations, risk
allocation, project risk management, and risk transfer. Mr. Walsh was a
technical contributor to the fifth edition of IRMI's The Wrap-Up Guide.
A risk adviser on over 500 construction projects, Mr. Walsh has extensive
experience in contract review, feasibility analysis, insurance program design,
marketing, implementation, wrap-up project management, and financial reporting.
He has created numerous national contractor controlled insurance programs and
owner controlled insurance programs and has worked on projects both nationally
and internationally in virtually every industry sector. In addition to wrap-up
programs, he also advises clients on builder's risk, joint ventures,
project professional liability, contractors pollution liability, and
subcontractor default insurance.
Mr. Walsh currently serves as the director of the design and construction
practice for Oswald Companies, an employee-owned insurance brokerage firm
headquartered in Cleveland, Ohio, where he leads a team of 30 professionals
serving the needs of design professionals, contractors, and owners. He also
serves as a strategic adviser to Oswald's largest construction clients.
His experience in construction risk management and insurance spans over 35
years both as an underwriter for Travelers and as a broker, holding various
senior leadership positions at Aon, including executive vice president and
national director of project solutions.
Mr. Walsh holds a bachelor of science degree in marketing from the
University of Denver and holds the professional designation of Construction
Risk and Insurance Specialist (CRIS©). He is a frequent speaker at
industry conferences on the topic of construction risk management and is the
author of several published articles. In 2021, he was awarded IRMI's Words
of Wisdom award.