AWCI Moves
Forward With Plan To Help EIFS Contactors
Obtain Insurance
AWCI President
Patrick Boyd, Vice President Ken Navratil
and Executive Vice President Steve Etkin
met with six manufacturers of exterior
insulation and finish systems on December
10, 2002, to review AWCI’s
preliminary feasibility study regarding
providing a captive insurance company
that would provide general liability
insurance coverage to contracting
companies that include EIFS work. The
meeting also served to gauge the
manufacturers’ interest in
providing the capital for the captive
insurance company.
Representatives from Dryvit, Sto, Parex,
Senergy, TEIFS and Bonsal were in
attendance, and they were unanimously
supportive of AWCI’s efforts and
agreed to consider contributing the
necessary capital.
Letters were mailed to 19 EIFS
manufacturers (including the six who
attended the meeting) asking them to
respond indicating their willingness to
provide capital and how much. The
requested response date was January 6,
2003; however, this issue of the
newsletter went to press before the
January 6 deadline, so we will update you
in the February issue of the newsletter.
Prior to the deadline, representatives at
TEIFS indicated they would consider a
$250,000 contribution.
Courtesy of EIFS
Alliance