Power Energy & Construction

 
Our team has many years’ experience in the design, placement and servicing of insurance programmes for all types of onshore power, energy and construction projects throughout the world.

Our clients are wide and varied but can be divided into three main groups:

  • Project owners, contractors, special purpose companies, joint ventures and other parties investing in or participating in projects for whom we provide retail services
  • Insurance brokers for whom we provide wholesale services
  • Insurance companies for whom we provide reinsurance services

 
The types of projects we become involved with typically range in value from about USD50,000,000 to the very largest multi-billion dollar projects. We work for all industry sectors including power generation, oil, gas and petrochemicals, mining, iron and steel, cement, transportation, buildings and civil engineering.

The insurance products we provide include but are not limited to:

  • Construction All Risks/Builders Risk
  • Third Party Legal Liability/General Liability
  • Delay in Completion/Consequential Loss
  • Transit
  • Contractor’s Equipment
  • Combined Construction/Operational packages

 
The related services we provide include:

  • Programme design, placement and claims settlement
  • Contractual review and advice
  • Advice on risk sharing and insurance
  • Assistance with consequential loss analysis
  • Negotiation with lenders and legal advisors
  • Independent lenders’ insurance advice

 
We arrange insurance for single projects as well as global facilities covering all of a client’s projects and we have direct access to all the major construction insurance and reinsurance markets in the world including London, Europe, Asia, North America and the Middle East.

 

 

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