Patriot Growth Forms National Construction Practice to Tackle Complex Risks
Event summary
- Patriot Growth Insurance Services has launched a National Construction Practice, consolidating previously dispersed expertise.
- Monika Bolkun-Robert and Apurva Upadhyay have been appointed Co-Practice Leaders of the new unit.
- The move is intended to improve service delivery and expand Patriot’s presence within a complex and critical vertical.
- Patriot Growth Insurance Services ranks as the 25th largest broker in the U.S. and is on the 2025 Inc. 5000 list.
The big picture
The creation of a national construction practice signals a shift towards greater vertical specialization within the insurance brokerage industry. Construction remains a high-risk, high-value sector, and Patriot’s move aims to capture a larger share of this market by offering tailored risk management solutions. This strategy reflects a broader trend among brokers to deepen expertise in specific industries to differentiate themselves and justify premium pricing.
What we're watching
- Execution Risk
- The success of this initiative hinges on the ability of Bolkun-Robert and Upadhyay to effectively integrate disparate teams and processes, a challenge given the complexity of construction risk management.
- Competitive Response
- Other national insurance brokers will likely observe Patriot’s move and may accelerate their own specialization efforts, potentially intensifying competition for construction clients.
- Client Retention
- How Patriot manages client expectations and ensures a consistent service experience across its expanded national practice will be crucial for retaining existing construction clients and attracting new business.
Related topics