Construction / Erection All Risk and Builder’s liability Insurance
It is one of the insurance products in the top of our area of expertise, which combines two types of insurance: the “all risks” cover, for material damage to construction / erection projects in progress and the Legal Liability insurance for damages caused to third parties (bodily injuries and / or material damage), in direct connection with the construction / erection works carried out, occurring on the construction site or in its immediate vicinity.
This complex and flexible insurance product can offer maximum advantages to the Insured, when it is properly structured, which requires a good understanding of the potential risks, depending on the nature of the project, a very good knowledge of the product and also of the standard provisions of the construction contracts.
The “All risks” insurance for construction / erection projects protects the interests of investors and construction companies alike.
Our company has a vast experience in structuring this type of insurance, adjusting the cover throughout the construction period, as well as in managing the claims.