Contractors All Risks insurance is one of our specialities, protecting your financial commitment to work in progress from all types of damage – fire, water, vandalism is something you should not be without. You will have committed not only the cost of your labour and the engagement of specialist contractors but also the materials over the duration of the work and if catastrophe strikes before you get finished and paid will you be in a position to refinance the work? The person or business that has engaged you is unlikely to pay you for the work you have done until it is completed and all snagging has been done.
We can offer annual cover to protect all of your contracts or if there is a specific contract/project that you need to protect we can do that too. Bespoke cover for joint names policies and non-vitiation clauses can be arranged along with JCT contracts. We have in-house facilities up to £25 million sums insured and access to most of the insurers writing this complex class of business.
We have a unique understanding of construction contract procurement from the engagement of the architect to the novation of the design consultants obligations from the employer to the contractor and can help you ensure you have adequate protection to protect your business.
Our Contractors All Risks Insurance Covers Contract Works and Contractor’s Plant
