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Construction typically grows in line with a country’s GDP and a thriving infrastructure development lies at the heart of this. When one considers the range of risk factors, both on and off site, that could potentially impact large-scale construction projects, it is critical that a developer considers insurance cover which offers effective risk management and risk transfer solutions in the event of a calamity or adversity during the construction process.
We pride ourselves on our unrivalled expertise and understanding of the engineering industry, as well as our reinsurance knowledge and support. Our team includes engineers with practical onsite experience and expertise in contract works and operational risks.
As the leading underwriting manager in South Africa, we provide construction and engineering insurance to our clients via our network of more than 1 600 insurance intermediaries. We offer practical risk management proposals to reduce risk and insurance cost and other specialised covers.
Excellent service and support
Our intermediaries are a crucial link in the engineering insurance value chain. We offer technical assistance to intermediaries to ensure clients receive the very best solutions and support at every point of experience with us.
With an extensive network in Africa in partnership with Sanlam Pan Africa and Sanlam Emerging Markets International, we are able to provide construction and engineering insurance capacity throughout the continent of Africa, including Indian Ocean Islands and Atlantic Ocean Islands.
Through our growing international network, we offer capacity for construction and engineering risks situated in the Middle East, Eastern Asia, South-Central Asia, and South-East Asia.
Our capacity: US$27.5 million on a PML basis.
Contractors’ All Risks Insurance (CAR)
Erection All Risks Insurance (EAR)
Advance Loss of Profits Insurance (ALOP)
Contractors’ Plant and Equipment Insurance (CPE)
Machinery Breakdown Insurance (MB)
Loss of Profits following Machinery Breakdown Insurance (MLOP)
Deterioration of Stock Insurance (DOS)
Electronic Equipment Insurance (EEI)
Business interruption following Electronic Equipment Insurance (EEI BI)
Seamless Project Insurance (SPI)
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