- Provides insurance for civil and installation works, production machinery, utilities and electronically operated equipment that covers material damage losses.
- Types of insurance offered are: Contractor's All Risk Insurance (CAR),Erection All Risk Insurance (EAR), Electronic Equipment (Computer)Insurance (EEI), Machinery Breakdown Insurance (MB), Machinery Loss of Profit (MLOP), Deterioration of Stocks Insurance (DOS).
In today's modern world, due to vast technologies, progress occurs faster than ever. Part of that progress is done because businesses and companies are constantly expanding, building and creating, investing in modern and state of the art equipment. We understand that various mid to large-scale projects and industries require security.
Offers comprehensive protection against loss or damage of the contract works, construction plant, equipment and machinery. Also covers against third party claims of property damage and bodily injury arising in connection to the construction project.
Offers comprehensive protection against all the risks involved in the erection or installation of machinery, plant and steel structures of any kind. Also protects against third party claims of property damage or bodily injury arising in connection to the project.
Covers all electrical items and electronic systems, such as EDP, medical, communication, lighting, and navigational equipment, as well as equipment used for research and materials testing. This extends to cover loss of data processing media and the information stored in it.
Offers coverage for plant machinery and mechanical equipment at work, at rest or during maintenance operations.
Indemnifies the Insured with the actual loss of gross profit sustained as a result of a business interruption caused by an accident following machinery breakdown.
Designed to cover the Insured against deterioration of goods in cold storage due to breakdown of machinery.
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