We suggest a tailor-made policy which will protect the following as a minimum:  

• The construction works itself, during the whole period of the contract and through the maintenance period
• Any surrounding property which could be damaged during the project period
• Third Party damage, injury or death during the Project Period

• Construction Plant and equipment involved (tower crane, Diggers, Dozers etc.)
• Delay in start-up (DSU) cover which may be required by the Banks/Lenders involved
• Performance Bonds and Advance Payment Bonds (if required by the Principal/owner)

As this cover is on a very wide “All Risks” wording, everything is covered except the following main exclusions:

• War Risks
• Radioactivity Risks 
• Normal wear and tear
• Theft unless by specific incident (i.e., No “inventory losses” which are normal to any project work site (missing bricks, plumbing/electrical equipment etc.)

We are experts in this class of business, with extensive experience in all types of Construction and Erection Projects including MEGA Projects such as Power plants (coal, Hydropower, Solar Power and Wind Power).

Our international Panel of “A” rated reinsurers will ensure even the most complex and expensive projects are fully protected for all concerned.

We settle Claims Quickly. The amount of time required to handle each claim varies based on the severity, extent and nature of loss. Regardless of the nature of the claim, you can be sure that People and Partners will settle as quickly as possible.

Our premiums are very competitive in this Market for all types of construction projects.
We will help you to provide us with all the details to tailor a full WRAP-around policy with the Best Terms and Conditions.