Australia Underwriting

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Constructions & Engineering

Contractors All Risks (CAR) and Erection All Risks (EAR) Insurance covers:
Principal or Contractor and all those involved in Capital Projects under construction, operation or maintenance, indemnifying the insured against sudden and unforeseen physical loss or damage to ensure that they do not suffer any unnecessary loss following an incident.
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Our experienced Construction and Engineering team provide placement support for capital projects under construction and operation or maintenance cover such as:

  • Construction All Risks (Design & Construct, Single or Annual Projects)

  • Contractors’ Erection All Risks (Design & Construct, Single or Annual Projects)

  • Operational All Risks or Property All Risks, including Machinery Breakdown cover

  • Contractors’ Plant and Machinery including Standalone cover

  • Damage to Existing Property of the Principal or Property held in the Care and Custody of the Contractor

  • Consequential Financial Loss (Delay in Start-Up)

  • Decennial Liability

Also provides cover in respect of the transit and erection of all types of machinery and equipment followed by commissioning including an extended maintenance period.

Extensions available are:

  • Automatic reinstatement of the Sum Insured

  • Capital additions

  • 72 hours

  • Professional fees

  • Subsidence

  • Local authorities

  • Debris removal

  • Repair or reinstatement basis of a claims settlement

  • DE/LEG Clauses

  • And more…

Single Project or Annual Policies

  • Commercial Industrial and Design & Construct Risks

  • Civil Infrastructure including wet risks

  • Demolition Contracts

  • Trades – Plumbing, Roofing and similar risks

 

And many more, refer to our Target Risk appetite. 

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