Contractors' All Risks Insurance (CAR)

Contractors' All Risks Insurance 
cover all types of building and civil engineering construction and offer protection against the hazards which may threaten works under construction. 




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Engineering Project Insurance Cover (EPIC)

Often projects require cover for both construction and erection elements of a project and associated Third Party Liability cover, coupled with resulting loss of profits. This is conventionally achieved by issuing two or three separate policies. The Engineering Project Insurance Cover (EPIC) policy combines these elements into one policy.

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Advance Loss of Profits Insurance (ALOP)

Business income protection cover, with the aim of covering the principal's loss of gross profit resulting from a delay in completion of the construction and/or erection works. 
 A prerequisite for granting ALOP is for an underlying CAR or EPIC policy to be in force.



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Contractors' Plant and Equipment Insurance (CPE) / Plant All Risks Insurance (PAR)

This cover is also known as Plant All Risks (PAR) insurance or Contractors' Plant and Machinery (CPM) insurance. Construction works often call for the use of heavy, specialized machinery such as tunnel boring machines, earthmoving equipment, cranes, pumps, air compressors etc.

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Civil Engineering Completed Risks Insurance (CECR)

Some completed civil engineering structures are only exposed to a negligible fire hazard, and therefore a typical fire policy would be inappropriate. However, these structures can still be exposed to elemental perils, geological conditions, or hazards from operation and use of the structure. 

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Seamless Project Insurance

Business income protection cover, with the aim of covering the principal's loss of gross profit resulting from a delay in completion of the construction and/or erection works. A prerequisite for granting ALOP is for an underlying CAR or EPIC policy to be in force. Normal working delays are not covered under ALOP.

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Public Liability Insurance (PL)

Public Liability insurance would cover a business if a customer or member of the public was to suffer a loss or injury as a result of its business activities and if that person made a claim for compensation.




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Professional Indemnity Insurance (PI)

A professional cannot ignore an accusation of negligence; the allegation must be defended or admitted. In either case, there will be cost implications. In today's litigious age where 'claim' often follows 'blame' having adequate Professional Indemnity Insurance cover which can protect the individual and the business from the financial fallout of such claims is imperative.

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Guarantees / Bond Insurance

Construction guarantee / bond, also known as a contract bond, is a surety bond issued by an Insurance company or a bank to guarantee satisfactory completion of a project by a contractor. A job requiring a payment and performance bond will usually require a bid bond, to bid the job.

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Business Insurance

Business insurance protects businesses against losses suffered in the course of their normal activities, particularly when the business faces a compensation claim. Covers include professional indemnity insurance, public liability insurance, and employers’ liability insurance.

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