Our dedicated underwriting team possesses the technical expertise and breadth of knowledge necessary to mitigate the specialty risks associated with major construction and erection projects in the United States. Understanding the multitude of on-site and off-site risks that impact this industry is key to providing efficient risk management solutions for our customers.
From protection against the cost of physical loss or damage to building works to advance loss of profit coverage, we are committed to being a long-term insurance provider and partner. Furthermore, Allied World partners with claims professionals who have extensive knowledge of and experience in handling construction-related claims. The construction claims professionals we engage work diligently to resolve claims to the satisfaction of all parties.
Underwriting Appetite
- All types of projects in scope, but a strong focus on:
– Transportation
Heavy Civil, Roadway and Infrastructure
Roadways, Bridges, Railways, Metros and Tunnels
– Manufacturing
– Processing - Estimated Contract Value (ECV) greater than US$100 million
- Maximum Policy Term of Five Years
Risk Types
Responsive insurance solutions that provide comprehensive coverage for construction and engineering risks:
- Contractors All Risks (CAR), Erection All Risks (EAR) including testing and commissioning
- Delay in Start-Up (DSU) including Advance Loss of Profit (ALOP) in conjunction with C/EAR cover