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NASHVILLE STADIUM INSURANCE BROKERS AIM TO HELP SMALL FIRMS
Published May 10, 1996
The brokers in charge of lining up insurers and managing liability risks for Nashville's $292M NFL stadium intend to bring small construction firms and minority-owned businesses "into the game" by keeping costs down, according to the Nashville TENNESSEAN. Nashville-based Alexander and Associates, one of TN's largest African-American-owned insurance brokers, and Willis Corroon are designing a package which will provide worker's compensation and liability coverage for contractors -- rather than requiring them to maintain it themselves. They also hope to negotiate a fixed rate on all insurance provided, making it easier to budget the project and to protect contractors from swings in insurance rates (Julie Bell, Nashville TENNESSEAN, 5/8).