Joseph Bado

Joseph Bado is a Partner at Alesco Risk Management Services, where he specializes in risk assessment and control within the construction sector. His professional background includes significant experience in the insurance industry, particularly focusing on construction and engineering risks.

Professional Background

• Current Role: Partner at Alesco Risk Management Services (August 2018 - February 2022) .2
• Previous Experience: Before joining Alesco, Bado worked as an Executive Director in the Global Construction Group at Price Forbes, which is part of the Ardonagh Group .12 His career began in construction consultancy, where he was a graduate engineer before transitioning into insurance after being encouraged by a friend to explore opportunities in construction insurance .1

Expertise

Bado's expertise lies primarily in:

• Construction and Engineering Insurance: He has a deep understanding of the challenges faced by clients in this sector, particularly during periods of market hardening where terms and conditions become more stringent .1
• Client Relations: He emphasizes the importance of communication and honesty in building successful relationships between brokers and underwriters .1

Career Highlights

Bado has been involved in securing significant contracts, including winning a multi-family development project in the U.S. valued at USD 9 billion .1 His approach to business is characterized by a strong belief in face-to-face interactions, which he considers vital for effective relationship management in the industry .1

Overall, Joseph Bado's career reflects a commitment to enhancing risk management practices within the construction insurance field, leveraging his engineering background to inform his current role.