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Construction

Large building construction

Zurich has the largest Construction underwriting team within the London market. Our 12 strong team is supported by a specialist claims team and an extensive risk engineering resource unrivalled by our competitors. The team enjoys wide underwriting authority and autonomy with few referral requirements; clients and brokers have access to the decision makers who are able to provide a quick turnaround of enquiries.

Construction

Zurich Global Corporate’s construction solution comprises of market leading underwriting, in-house risk engineering and claims expertise with the knowledge, experience and capability to understand complex risks and exposures.

We are a major insurer of owners and contractors domestic and global programmes and a leading insurer for international construction and erection projects.

The strength and depth of our team allows us to provide our brokers and customers with access to the decision makers providing market leading service and solutions.

We offer first class security underpinned by market leading service and capacity.

Download the Construction factsheet.

Owners Protective Professional Indemnity

Owners’ Protective Professional Indemnity (OPPI) insurance protects project owners for losses arising out of the professional negligence of their subcontracted design professionals. With OPPI, design professional’s policies are supplemented instead of replaced, improving the owners’ potential recovery.

Zurich Infrastructure Unit

Established in 2001 the Zurich Infrastructure Unit is Zurich Insurance Group’s specialist team providing construction and operational phase insurance on a stand-alone basis or through multi-year, multi-class insurance programmes for UK and international project financed infrastructure projects procured on a PPP or similar basis.

We are the only London market insurer with a dedicated infrastructure & PPP team; we understand the industry, its contractual tensions and welcome complexity.

Our unit currently underwrites approximately 400 projects working in partnership with other Zurich departments to ensure that our Group knowledge and product line expertise is coordinated through a single team.

PPP/PFI and equivalent infrastructure projects often present a complex mix of construction and operational risks, for example; adopted assets and/or assets scheduled for refurbishment, new-build and multiple, often phased, completion dates at different locations. Coverage interface problems can be eliminated by the use of our multi-year, multi-line insurance programme whether wholly underwritten by Zurich or led by Zurich and subscribed to by a panel of co-insurers. We underwrite operational risks or operational risks in isolation or in combination with construction required.

Our specialist policy wording's incorporate financiers clauses and we have a preferred format that enjoys widespread market acceptance.