Real-Time Risk Management™

Real-Time Risk Management strategies help contractors enhance safety and competitiveness with better insurance coverage at lower rates.

Smart Equipment Goes Beyond Traditional Telematics

Large mobile equipment and expensive hand tools can easily be misplaced or stolen. There are many GPS tracker solutions to help manage and recover assets, but tracking alone is not enough.

In addition to tracking, Smart Equipment transmits the following in real-time:

  • On-board diagnostics including run-time, service needs, and fuel levels
  • Usage metrics to enforce operator accountability and identify training opportunities

Smart Equipment data provides critical insights that drive Leif’s innovative data-driven discount pricing & Real-Time Risk Management™.


Safety-focused contractors receive more discounts.

Today, we have technology proven to reduce risk. This gives safety-focused contractors an opportunity for better coverage at lower rates. Here’s how we use innovative insurance solutions, AKA: Real-Time Risk Management™, to help contractors boost productivity, protect their operations, and win more jobs.


Cut your commercial auto premium with Dashcams

Leif’s exclusive commercial auto insurance program saves you money by using fleet management technology to track driver behavior.

Dashcams capture insights that help:

  • Resolve claims and mitigate disputes with objective footage of incidents
  • Show insurance carriers you’re committed to improving driver safety, including identifying training opportunities for drivers
  • Prevent accidents by addressing risky driver behaviors

Reduce risk and costs across all lines of insurance

Fleet management technology impacts more than your equipment insurance. Connected assets reduce risk across the board.

Objective dashcam footage of incidentsFewer paid auto claims =

Operator behavior warnings =Fewer commercial insurance claims

Location and usage data = Fewer theft and third-party liability claims

Timely Maintenance =Less downtime and loss of use claims

With an improved claims experience and a proven commitment to managing risk, you’re in the best position for the best rates. We’ll help you get them.

Real-Time Risk Management™ FAQs

Conventional insurance carriers send a loss control employee to your jobsite to observe and make recommendations once or twice a year. Leif does it in real-time. Our proprietary flagging system turns data into actionable information to help you promote safety on your jobsite.  Improved safety earns you Leif’s proprietary data-driven discount pricing. Your data is not shared with the carrier.

We all want to be better tomorrow than we are today. Traditional brokers base your bond capacity on historical information. Real-Time Risk Management gives our surety bond team more data than that. We use verifiable system outputs to project what will happen tomorrow – and maximize your capacity today.

Monitoring your equipment more closely with Real-Time Risk Management™ shows your insurance carrier that you’re committed to better maintenance and loss control. Premiums are based on your business’s loss potential compared to the average for your industry and operation. Reducing your potential for most equipment losses sets you apart as “better than average.” Leif’s proprietary equipment insurance program rewards youwith exclusive data-driven discount pricing and enhanced coverage solutions.

Workers’ compensation is priced differently than other lines of coverage. Your insurance carrier selects your initial price point based on factors like business size, industry, longevity, and how your losses compare to other similar businesses. The additional factor specific to work comp is your experience modification, which reflects your unique claims experience. Both the experience modification and your initial price point are heavily influenced by your work comp loss history, so controlling your losses will directly affect your rate. Real-Time Risk Management™ gives you the Smart Equipment and tools you need to improve jobsite safety, prevent injuries, reduce your MOD, and save money.

Real-Time Risk Management™ allows you to exercise better control over jobsite liability by limiting non-permissive use of equipment. This reduces property damage and injury losses from trespassers and third-party subs. Better control over these exposures unlocks better rates with your insurance carrier, and even more savings with Leif’s proprietary data-driven discounts up to 15%

Real-Time Risk Management™ helps you monitor and protect your valuable materials from theft in real-time. In addition, removing the ability to use a universal key for your equipment makes high-volume heists harder to facilitate. Reduced theft potential improves your risk factors which reduces your rates for Builder’s Risk insurance. Leif also gives you exclusive discounts up to 15%.

Taking accident prevention measures and promoting safer driving can directly affect your auto insurance rates. Real-Time Risk Management™ gives you smarter tools to track reckless driving patterns and identify training opportunities with driver scorecards. It also gives you stronger data to help defend not-at-fault claims. Proactive driver safety management earns you lower auto insurance rates, and unlocks further savings with Leif’s exclusive data-driven discounts up to 15%.

Most insurance rates are based on a set of standard data points. We believe those data points do not tell the whole story. With the power of Smart Equipment insights, we identify and reward exceptional operators with data-driven discount pricing.

Smart Equipment refers to technology-enabled tools and machinery with built-in sensors, communication systems, and software that improve efficiency, safety, and performance in construction operations. These tools provide real-time monitoring, AI learning, and data analysis, resulting in better decision-making, increased productivity, and a safer jobsite.

construction workers

Personalized serviceyou can count on, every time

We deliver exceptional service across all lines of insurance by promising to:

  • Identify coverage gaps and quickly secure new policies
  • Partner with strong carriers to offer the best program available
  • Respond quickly to calls, texts, and chat during business hours
  • Offer after-hours claims consultation for 24/7 emergency support
  • Deliver most COIs within 2 business hours and bonds overnight
  • Create a strategy to maximize your bond capacity for growth

Whether you’re a large multi-state firm, local trade contractor, or something in between – you can hold us to our promise.