Construction insurance

Our flexible construction insurance solutions are designed to meet the varied needs of your clients, who will also benefit from our extensive claims and risk engineering expertise.

Our appetite includes:

• Finishing trades (shop fitters, electricians, painters and decorators)
• Building allied trades (bricklayers, tillers, hod carriers, metal workers)
• Plant hire or machinery installation (air conditioning and refrigeration engineers, hirers of contractors’ plant or site welfare activities)
• Residential developers and contractors (new build and refurbishment)
• Commercial builders and general builders with mixed activities
• Civil contractors – companies that undertake ground works or ground engineering, including work involving utilities or transport infrastructure
• We also cover tradesmen

Cover highlights

• Employers’ liability (EL) – indemnity limits up to £25 million
• Public and products liability (PL) – flexible indemnity limits; corporate manslaughter extension up to £5 million; statutory environmental clean-up costs; no standard height or depth restrictions
• Contractors’ all risks (CAR) – tailored contract works limits and descriptions. Cover for owned and hired-in contractors’ plant UK-wide and employees’ personal tools and effects on site. Includes £250,000 for works stored anywhere in the UK
• Speculative building extension – covers building for three months from completion of work or until sold.

Optional extras

Your clients can control costs by choosing from these eight extras.

1. Part product protection – products cover often excludes the product itself. For contractors, this will be the contract works, but though we exclude the cost of rectifying a defective part (and any part which is lost or damaged to enable replacement or rectification of the defect), we can cover resultant damage to other completed works
2. Products cover – written on an ‘any one occurrence’ basis, rather than an aggregate limit
3. Low claims renewal bonuses for EL, PL and CAR – rewarding clients with a strong claims record
4. Flexible excess – clients can set their own excess level and we will adjust their premium accordingly
5. Hold covered extension for Joint Contracts Tribunal non-negligent insurance – gives clients time to meet the employer’s contractual requirements
6. Multiple insureds and non-vitiation extension – meeting the requirements of more sophisticated employers or finance parties by treating each as insured individuals – so a fraudulent act by one doesn’t affect all
7. Additional costs of construction, including unbuilt portion of works – protection from unforeseen cost escalation which may affect an incomplete portion of a contract following damage, if this leads to delay and an increase in the cost of materials
8. Financial loss (tort only) – provides peace of mind that clients will not be left exposed to any court judgement for payment of pure financial losses incurred by third parties (excludes contractual damages, fines or penalties)

Your clients will also benefit from:

• Experienced claims handlers (and a single contact number)
• A renewal bonus option for clients with an excellent claims history
• Access to risk insights and advice from risk engineering construction experts (on site, online and over the phone)