Contractors and project managers need to be aware of all job site risks, including theft, property damage and contractor’s plant and equipment (CPM) losses. Zurich has customised solutions for a variety of midsize to large commercial construction projects.
Built to manage all types of construction risk
Construction All Risks (CAR)
CAR covers against unexpected material damage or loss on-site, including those experienced during transit or while in storage.
Erection All Risks (EAR)
EAR covers against unexpected physical damage to the contract works of projects relating to the assembly or installation of machinery, plant, equipment and steel structures.
Delay in Start Up (DSU), Advance Consequential Loss (ACL) or Advance Loss of Profits (ALoP)
DSU, ACL and ALoP insurances protect owners against financial losses incurred due to a delay in completing a project due to material damage loss.
Annual Construction Policies
Annual Construction Policies cover is similar to the CAR and EAR covers, but it’s tailored for smaller projects on an annual renewable policy.