Engineering Insurance

Contractors all risks
Provides cover to all civil engineering works against:

  • Fire, lightning and explosion
  • Water damage and windstorm
  • Earthquake
  • Burglary and theft accompanied by violent and visible means of entry/exit (theft by employee not included)
  • Accidental damage and impact
  • Third party liability list required.

Plant all risks

Provides cover to plants against any unforeseen and sudden physical loss or damage from any cause not specifically excluded.

Erection all risks
Provides cover to individual machines, complete manufacturing complexes and steel structures which are being erected against unforeseen and sudden physical loss or damage resulting from:

  • Fire and lightning
  • Water damage and windstorm
  • Burglary
  • Impact
  • Electrical and mechanical breakdown
  • Accidental damage and faults in erection

Machinery breakdown

Covers sudden and unforeseen physical loss or damage other than fire damage to machinery whilst in the premises, whether they are at work or at rest from causes not specifically excluded.

Loss of profits following machinery breakdown
Provides cover to insured (client) against financial loss following a claim under machinery breakdown. The coverage is centred on the reduction in turnover resulting in decreased production or other impairment of business operations caused by an accident to machinery.

Boiler and pressure vessel
Provides cover against:

  • Damage other than by fire to any boiler or pressure vessel and to other property of the insured
  • Damage to property not belonging to the insured
  • Fatal or non-fatal injuries to any person other than the insurers own employees

Deterioration of stock

Provides cover against loss or damage to stock caused by deterioration due to any unforeseen and sudden physical loss of or damage to machinery and indemnfiable under machinery breakdown policy in force or due to failure of the public power supply resulting in a rise or drop in temperature or sudden and unforeseen escaping of refrigerant in the cold storage facilities.

Terrorism and sabotage
Provides cover against loss or damage to property resulting from: terrorism, sabotage, mutiny, insurrection, rebellion, coup d’Etat, strike, riot and/or civil commotion and any ensuing fire damage from looting, other damages caused by an act of lawfully constituted authority for the purpose of suppressing or minimising the consequences of any of these incidents.