Thompson Thrift operates as a full-service development and construction company headquartered in Terre Haute, Indiana, with regional offices in Indianapolis, Houston and Phoenix. The company specializes in the design, construction and management of restaurant, retail and multi-family properties. During its more than 30 years in operation, the company has become nationally known for its quality of work and community impact.
Thompson Thrift now boasts annual revenues of nearly $200 million, but growth did not come without challenges. The company’s expanding book of property owners, development sites and tenants made managing project details increasingly complicated. Tracking insurance coverage and documentation added another layer of complexity. Soon Thompson Thrift faced a new reality: growth generated significant revenue, but also introduced substantial insurance losses.
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