From tunneling to mining projects and renewables to large-scale infrastructure projects, the risks faced by construction project owners and contractors today are complex. The basket of insurance policies for one project can range from surety bonds through to cargo, construction all-risk covers, liability, professional indemnity, to operational covers and long term defect protection after completion.
To make matters more complicated the insurance coverages are needed at different times during a construction project life cycle. This exposes the project to possible gaps and overlaps in insurance coverage, resulting in inefficiencies and the potential to endanger the viability and attractiveness of a construction to potential lenders and investors.
That's why we created One Construction, a modular solution that covers all your insurance and financial coverage needs across the entire project life cycle from construction to operational phase.
By moving away from the traditional fragmented approach to insurance buying, projects will benefit from a flexible approach, combining traditional and innovative risk solutions designed to address very specific risk profiles.
Contact us to learn more.
Insurance required during a construction project life cycle includes a wide range of covers, from bonding requirements, political risks, traditional marine and construction insurance, operational hazards and professional errors. Too often these exposures are considered in isolation resulting in a fragmented risk-transfer programme and potential gaps and overlaps in coverage. To help businesses take a more holistic view of infrastructure insurance and ultimately make projects more bankable, Swiss Re Corporate Solutions developed 'One Construction'. Watch the video to find out more.
New technologies in construction will fundamentally alter the risk landscape for engineering insurance. They could significantly increase efficiency and include enhanced monitoring, mitigation and management of engineering-related risks, but they also create new risks, like cyber.Learn more
Swiss Re Corporate Solutions hosts and sponsors quarterly drinks event in cooperation with A Word About Wind at our iconic London offices at 30 St Mary Axe. These exclusive networking opportunities enable senior wind energy industry professionals to network with their counterparts working in finance and investment in the London City.Learn more