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We are with you

At your side to insure your business

Construction

In a world ever more complex and unpredictable, multinational companies need a strong and experienced partner to overcome many challenges:

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offsite pre-fabrication
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Third Party Liabilities
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Delays
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Complex commissioning
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Defects
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Natural Catastrophe
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Fire, Flood and Theft

5 reasons to choose us

  1. Your competitive edgeYou can benefit from additional products, such as Parametric and ART that can give you a competitive edge when it comes to managing the weather, liquidated ascertained damages (LAD’s), cost fluctuations and many other non-physical risks.

  2. You can count on our reputationBased on our solid reputation customers are keen to engage with us. Be supported by the world’s number 1 insurance brand.

  3. You can utilise our global presenceOur global footprint is highly valued, both in terms of our proximity to customers and our international network reach.

  4. You will come to rely on our expertiseOur construction risk engineering expertise is valued by clients, who consider this service as key in maintaining a robust risk management structure for complex projects.

  5. You get the right claims supportYou can rely on the legal and technical knowledge of our 500 claims handlers worldwide to provide you with adapted solutions

We are at your side to meet your cover needs

Our Construction insurance offer

Construction / Erection All Risk Insurance (CAR/EAR)

  • Single project policy – lasts for the duration of the project
  • Annual policy – Insures a portfolio of projects

Typical CAR/EAR extensions that our clients request include:

  • DSU/ALoP
  • Defects coverage such as DE and LEG clauses
  • Third Party Liability
  • Cargo
  • 1st year of operational cover
  • Maintenance and Machinery breakdown

General liability insurance for construction works

  • Design cover – Professional Indemnity
  • 3rd Party general liability
  • Public Liability
  • Employee’s liability / Workers Compensation
  • Environmental impairment liability
  • Non-negligent liability (e.g. JCT clause 6.5.1)

Inherent Defect Insurance

  • IDI (Inherent Defect Insurance)
  • Decennial liability covers

We insure the following businesses :

  • Contractors
  • Developers
  • Manufacturers
  • Industrial conglomerates with expanding operations
  • Public Authorities
  • Utilities

Klaus Hoffman / Global CUO Construction

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