Construction insurance
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SubscribeWho needs Construction insurance?
The scale of construction projects means they are often vulnerable to a range of complex risk factors. These include increasing infrastructure and materials expenditure, technological and digital innovations, and skills shortages.
Complex supply chains and logistics across international territories, each with their own regulatory challenges, can significantly impact your ability to manage a tightly controlled, on time, and on budget construction project.
Whether you are an investor, developer, contractor or employer on a construction project, having a bespoke Construction insurance programme can protect your business from the financial and operational risks associated with your scheme.
Why choose Griffiths & Armour?
Griffiths & Armour has a long established and well-respected reputation for providing innovative insurance solutions in all lines of construction risks, from finance, project planning, and design through to operational risks.
Our clients include major global investors and developers, as well as locally based operators. Whether you are a contractor, construction manager, civil contractor, engineering firm or manufacturer, we have a proven track record in the sector that few can match.
We leverage our strong relationships with leading insurers specialising in construction insurance to advocate for our clients. This, coupled with our deep understanding of your project, enables our team of construction experts to design genuinely innovative risk transfer solutions for your project.
You can expect more than just an insurance policy. Our client relationships are built on a trusted partnership approach. We work closely with you to manage your risks and are on hand to offer you support when you need it most.
FAQs
This policy covers loss or damage to all contract works, existing structures if required and the increased Costs of Delay in completing the project following an insured damage event. The policy is issued on an ‘All Risks’ basis including Fire, Explosion, Storm and other major perils, such as Theft, Accidental/Malicious Damage and Subsidence.
Cover can apply whilst on site, in transit and when temporarily stored at suppliers’ premises, including those overseas if necessary.
The cover will be continuous during Construction, Testing, Commissioning and extending to cover responsibilities under any defects maintenance period as required under any of the construction contracts.
This cover can be arranged on an annual basis i.e. for a contractor or on a project specific basis.
- JCT – Clause 6.5.1 Insurance (non-negligence)
- Third Party Liability
- Delay in Completion
- Latent Defects
- Environmental Impairment Liability
Beyond Protection
Beyond Protection is our end-to-end support designed to empower your business at every stage.
Our team gives you the tools to increase resilience and create peace of mind, no matter the challenge.
