Building industry

The building market is reviving, and no investment aim or developer activity can do without construction all risk (CAR) insurance and erection all risk (EAR) insurance.

Designed for:

• Investors
• Suppliers
• Subcontractors
• Designers
• Building supervisor
• All other persons who take part in the built work in the process of its construction, reconstruction or assembly

This relates to:

• Building ground, transportation and engineering works
• Insurance on assembly risks mainly for installation of technological equipment

Construction-assembly insurance generally covers:

• Natural perils
• Theft, vandalism
• Clumsiness, negligence, poor execution
• Construction site accidents resulting in damage to the work, material or possible building machinery
• Fall of items

Possible to additionally insure:

• ALOP, i.e. insurance on loss of expected profit of an investor in relation to delayed handover of a construction-assembly work for use in consequence of arising material damage
• Liability insurance for injury caused to a third party in relation to implementing a built work
• Cross liability for mutual damage caused to each other by participants of a built work 

Ask us. We would be happy to provide you with more information.