Contract Works and Erection All Risks

We provide comprehensive insurance cover to protect against damage or physical loss for a diverse range of building, civil engineering, and mechanical and electrical projects. From small contracts to major projects, on either an annual basis or single project basis – we can offer a custom solution for you.

Core Products and Covers

Our experience and flexible approach enables us to offer a broad product range:

• Single project CAR/EAR policy with options to include:
  • Delay in Start-up cover
  • Third Party Liability
  • Non Negligent Liability (JCT 6.5.1)
  • Existing Structures
• Annual CAR/EAR policy including owned and hired in plant
• Terrorism
• Machinery Movement

Who Do We Work With?

We have a wide appetite with no automatic declines. Quality and competency of the contractor drives our selection criteria; however, the following trades are our core target:

• General Builders/House Builders
• Civil Engineering/Ground Works
• Mechanical & Electrical Contractors
• Shop Fitters/Fit out Contractors
• Roofing and Cladding Contractors
• Specialist Installation Contractors

Features & Benefits

Wide standard annual cover including benefits such as:

• Cover for up to 125% of the original estimated contract value as standard
• Maximum contract duration of two years as standard
• Materials are covered during offsite storage subject to a €250,000 limit
• Insured property is covered during transit by water subject to a €50,000 limit
• Multiple lifting operations are covered as standard provided the relevant guidelines are complied with
• Employees tools are covered anywhere within the territorial limits

Tailored cover enhancements for certain trades, clients or occupancies considered including:

• LEG3/DE5 defects exclusions
• All levels of maintenance covers considered with longer periods than the standard 12 months available
• Territorial limits outside the United Kingdom
• Joint Names/Multiple Insureds/Vitiation Clause

Capacity up to USD $50,000,000 PML basis with ‘pursue’ appetite target limits of:

• Open Annual CAR/EAR €15,000,000
• Timber Frame €2,500,000
• Project Specific project size €50,000,000
• Project Specific €25,000,000 (our share)

Larger risks are considered on a selective basis