Construction

Construction Insurance

Chesterfield Insurance Brokers specialise in bespoke insurance solutions for the construction industry, providing direct access to ‘A’ rated insurers in the Lloyd’s and London market, as well as global markets. Our team of specialists have extensive experience across a broad spectrum of industry sectors, territories and risk, enabling us to evaluate broader project exposures and provide competitively priced, multi-class solutions. Our insurance programmes are designed to meet lender requirements on financed construction projects and we will engage with the lender’s advisor to assist the borrower.

Coverage Details and Features

The following is a brief outline of some of the coverages we are able to offer. Please contact us to discuss these and other coverages as may be required.

• Contractors/Construction
• All Risks and Erection
• All Risks, with associated Delay in Start-Up/Advance Loss Of Profit
• Builders Risk and Course of Construction, with associated Delay in Completion
• Primary and Excess Third Party Liability
• Contractor’s Plant and Equipment/Machinery
• Construction Weather Insurance

Additional Project Related Coverages

• Terrorism
• Project Specific Marine Cargo and associated Delay in Start-Up
• Professional Indemnity

Types of Programme

• Project Specific – Owner or Contractor controlled
• Annual Contractors
• Annual Contractor’s Plant and Equipment
• Follow-on first year Operational Risk (Engineering projects)

Target Classes

All Types of Buildings	Conventional Power Generation	Renewable/Sustainable Energy
Road and Rail Infrastructure	Oil, Gas and Petrochemicals	Heavy and Light Industry
Manufacturing and Processings Plants	Pipelines and Storage Tanks	Water Treatment Facilities
Ports and Harbours	Construction Plant and Equipment	Sports Stadia and Arenas