Insurance solutions for energy and energy-related businesses including oil and petrochemical, power generation and utilities, chemical, process industries, construction and mining
Boiler and Machinery
Boiler and machinery insurance offers protection against sudden and accidental physical loss or damage to machinery and equipment. We offer this insurance for all classes of business including coverage to all non-energy classes and occupancies in conjunction with our property insurance services.
We can cover losses that are normally excluded in a property insurance policy. This includes steam and centrifugal explosion, mechanical and electrical breakdown.
The policy covers unforeseen and sudden damage to machinery insured from any cause not excluded while it is at work or at rest, or while being dismantled, moved or re-erected for the purpose of cleaning, inspection, repair or installation in another position within the premises. The policy excludes external causes such as fire, lighting and impact.
Contractors' All Risks
Contractors' all risks insurance is designed to provide all risks cover during the construction period for contract works against loss or damage to property and third party liability for accidental bodily injury or property damage in connection with the performance of the contract, other than by an excluded cause.
We aim to offer leading capacity and exercise control over underwriting, risk engineering and claims.
Coverage can be customized to include:
- Operational testing and commissioning
- Delay in start-up
- Transit and off-site storage
- Contractors' plant and equipment
- Third party liability (non-US/Canada/Australia locations)
- Maintenance coverage
- Professional fees
- Expediting expenses
We provide electronic equipment all risk insurance mainly for computers, data processing equipment and office equipment.