Construction Insurance
Types of Insurance Coverages:
All risk capacity to the construction industry.
Coverage includes:
Erection All Risk (EAR),
Contractor’s All Risk (CAR),
Civil Infrastructure Products.
Flexible Insurance Coverage Programs.
Erection - “All Risk” Underwriting Focus:
Cement
Chemical
Manufacturing
Oil, gas, and petrochemical
Power generation
Pulp and paper
Renewable energy
Steel and metals
Contractor’s - All Risk Underwriting Focus:
Airports
Hospitals - Other medical facilities
Hotels and resorts
Office buildings
Shopping malls
Stadiums and arenas
Various retail facilities
Civil Construction - Underwriting Focus:
Roads
Railways
Bridges
Urban infrastructure
Pipelines
Construction Features:
$100 million insurance capacity limits
All risk coverage, includes testing & commissioning
Delay in start-up / Advance loss of profits
Engineering capabilities
Quota share available
Complex Construction and Multi-phase Projects – Significant Insurance Company Advantages:
Project Cargo; Construction - Erection All Risk; and Operations - Completed Works.
Coverage for project’s many diversified risks of loss or interruption that may result from transportation, construction, and start-up phases of a project.
Team approach to underwriting and risk management people to determine coverages and insurance protection.