Construction All Risks

Overview

Construction All Risks (CAR) provides comprehensive protection for construction, engineering and installation projects against accidental physical loss or damage during the course of works. The insured sections of the CAR are relatively straightforward. But one of its main attributes lies beyond mere coverage. The key benefit is that all parties working on the project are covered by this single CAR policy: the owner, general contractor, sub-contractors, suppliers, architect and engineers working on site. All required is a causal link between the damage and the project activities.

Why Nuvu?

  • Primary Coverage

    Our CAR coverage provides primary coverage benefit as first and only line of defence in case of a claim. No other coverage needs to be in place, providing the ultimate project dedicated protection in conjunction with the non-recourse clause.

  • Experienced Specialist and Engineering Underwriting

    We believe experience makes the difference for our clients. Each team member has at least 25 years’ experience in the construction field. Our professionals have proven knowledge on both national as international construction markets.

  • Broad Construction and Engineering Appetite

    Capability to support a wide range of construction, civil engineering, infrastructure, manufacturing and renewable energy projects. Our goal is to help our clients deliver and to find a solution whenever possible.

  • Flexible Project Solutions

    We believe in a fully tailor-made approach that suits the project needs. We consider the level of complexity of the project and contractual agreements, risk appetite of the stakeholders and their needs.

  • Time to Market

    Our personal and streamlined underwriting processes will ensure our clients receive quotations and policy documents in time.

Who is it for?

This product is designed for organisations involved in construction, civil engineering and industrial installation projects, including:

  • Principal contractors
  • Building contractors
  • Civil engineering contractors
  • Mechanical and electrical contractors
  • Project owners and developers
  • Engineering procurement and construction (EPC) contractors
  • Infrastructure project sponsors
  • Manufacturers undertaking equipment installation
  • Renewable energy project developers
  • Utility companies
  • Financiers and project lenders

Meet the Underwriters

Coverage can be arranged for projects ranging from small commercial developments to large-scale infrastructure and industrial projects.

Downloads

Discuss your requirements
with our underwriting team