Engineering & Construction
The insurance-related challenges in the engineering and construction sector are among the most complex and unique worldwide. Our team of experts recognizes the importance of staying ahead of the rapidly changing landscape and is continuously seeking innovative solutions to meet their evolving needs.
Throughout the entire construction process, any substructure, construction, or industrial project may encounter a variety of risks from inception to completion and temporary delivery. Engineering insurance policies indemnify the insurer for damages or losses related to the design, construction, installation, and maintenance of structures and equipment, shielding engineers from liability. Additionally, this insurance covers losses stemming from machinery breakdowns (MB), computer and electronic equipment (EE), and concealed building defects.
We offer insurance and risk management services specifically tailored for the construction industry, including:
Construction period
- Contractors All risk (CAR)
- Erection All Risk (EAR)
Operation period
- Contractor’s Plant and Machinery (CPM)
- Comprehensive Machinery Insurance (CMI)
- Civil Engineering Completed Risks (CECR)
- Machinery Breakdowns (MB)
- Machinery Loss of Profits Insurance (MLOP)
- Boiler & Pressure Vessel Explosion
- Electronic Equipment (EE)
- Deterioration of stock (DOS)
- Latent Defect Building Policy (LDB)