Construction
We anticipate trends and issues in the construction industry and develop strategies to help you improve your risk profile, lower cost and add profit.
We provide customized risk management and financing programs for building contractors, owners, construction professionals, project financiers, professional consultants and special purpose companies all over the world.
We provide construction risk engineering services including data collection and analysis, and advice on fire protection and other loss prevention systems.
- Contract works
- Construction plant and equipment
- Fines and penalties
We have been involved in many of the most significant recent infrastructure projects globally, including the rebuilding of the World Trade Center site and the MTA tunnel construction project in New York.
- Delay in Start-Up (DSU)/Advanced Loss of Profit
- Latent defects
- Loss of or damage to surrounding property and infrastructure
Products
Construction All Risks
Issued commonly under the joint names of a contractor and a principal client, contractors’ all-risk insurance (sometimes referred to as ‘contract works insurance’) is a policy that covers all risks normally associated with a construction project.
Contractor’s All Riks
Contractors all risk insurance typically includes cover for the contract work undertaken and provides cover for the building works itself, whether completed or in progress.
Erection All Risks
Erection All Risks (EAR) insurance provides cover for machinery installation and refurbishment, and is available on a single risk or annual basis.