Engineering Risk

Comprehensive protection for your construction project — from the first brick to final delivery.

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Engineering Risk Insurance is a specialized policy designed to protect construction works and civil engineering projects against unexpected events that may cause material losses or jeopardize the continuity of the project. It is essential for builders, developers, contractors, and property owners who seek financial and operational security throughout all phases of construction.

 

What is Engineering Risk Insurance?

It is a comprehensive policy that covers unexpected physical damage during the construction, renovation, expansion, installation, or assembly of structures and equipment.

 

It may also include:

• Losses involving third parties

• Debris removal costs

• Financial losses due to project interruption

 

Main Coverages

• Fire, explosion, lightning strike

• Design or execution errors

• Theft, qualified burglary, and sabotage

• Windstorm, flooding, hail

• Vehicle impact and aircraft crash

• Damage to machinery and equipment

• Third-party liability

• Debris removal and loss containment

 

Advantages

• Protects the assets of the company and its investors

• Ensures project continuity even after unexpected events

• Reduces financial and legal risks

• Coverage can be tailored to the project profile

• Fast response with specialized technical support

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Policy Types

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Civil Works Under Construction (CWC):

Full protection during the execution of the construction project.

 

Erection and Installation (EI):
Coverage for the assembly of industrial structures and equipment.

 

Machinery Breakdown:
Protection against internal or external operational failures.

 

Electronic Equipment:
Coverage for damages to control systems and IT infrastructure.

 

Loss of Profits:

Financial compensation in case of work stoppage due to a covered event.