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Engineering Insurance
Comprehensive insurance that provides protection against engineering-related risks; associated with erection, resting and working of any machinery, plant, or equipment.
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Types of Engineering Insurance
Contractors All Risks Insurance (CARI) / Erection All Risks Insurance (EAR)
Insurance for buildings and civil engineering projects during construction against accidents, resulting in loss, or damage, or destruction of materials, works in progress, construction plant and equipment, and construction machinery.
Machinery Breakdown
Covers machinery, mechanical equipment, and apparatus such as generators, compressors, freezers, elevators, boilers, and the like, against accidental breakdown.
Electronic Equipment Insurance (EEI)
- Covers “all risks” from sudden and unforeseen loss or damage to electronic data processing equipment
- Material damage (hardware), data media center (software; data media and the cost of restoring lost information)
Property Floater Insurance
Owners of industrial firms, construction firms, real estate developers, and other similar businesses require insurance coverage for their fixed and movable heavy equipment, such as cranes, payloaders, cargo handling equipment, backhoe, graders, forklifts, bulldozers, generator sets, and similar machinery. Property Floater Insurance can reimburse for damages to covered properties caused by any of the risks insured against.
Our Property Floater Insurance policy protects these types of properties from a variety of hazards, including direct physical loss or damage from external causes such as fire, theft, overturning, collision, and intentional destruction.
