Contractors' All Risks Insurance/ Contract Works Insurance

Comprehensive cover for any damage that occurs during commercial and residential construction projects; available on a single risk or annual basis.

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Contract works for construction, buildings and civil engineering projects can be complex in nature.

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Contractors' All Risks Insurance/Contract Works Insurance

Our policy provides comprehensive cover for any damage that occurs during construction projects.

Available on a single risk or annual basis, our policy can be arranged in the name of the contractor, the principal or joint names depending on the project requirement.

Our policy provides cover for:

• materials; from the commencement of loading for despatch to site (including transit and incidental storage)

• contract works insurance cover during the construction period (including automatic continuation of cover for ongoing contracts that increase in contract price; up to 125% of the sum insured)

• maintenance and defective design
• free issue materials where these are included in the declared values
• residential/private dwelling houses and commercial buildings during the construction period, once completed and also pending sale

Our Contractors' All Risks Insurance/Contract Works Insurance policy can be extended to include advance loss of profits, owned contractors' plant and hired-in plant, and employees' tools and personal effects.

Broker/agent trading options

Delegated authority/reinsurance solutions

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We can also provide our partners with innovative, all-encompassing construction solutions.

If you’re looking to provide specialist cover as part of your commercial proposition, contact our Partnerships Team.

Why buy Contractors' All Risks Insurance/
Contract Works Insurance from HSB?

Our underwriters and risk engineers have extensive experience in providing construction insurance and are recognised as experts in this field. Drawing on our vast expertise in the construction sector, we are able to provide insurance products to meet the insurable risks of a specific construction project.

• Policy wordings specifically designed with contractors/sub-contractors, property builders and developers, and construction plant owners in mind
• Extensive underwriting expertise
• Specialist engineering knowledge of plant and machinery
• Cover available across the UK and Ireland
• Access to experienced in-house construction loss control risk engineers
  
• Access to claims handlers and loss adjusters with specialist knowledge of the construction industry

• Leading specialist provider of engineering and technology insurance and inspection services in the UK and Ireland
• UK-based arm of HSB Group, the equipment breakdown insurance and inspection market leader since 1866
  
• Part of Munich Re, a world leader in risk solutions, consistent risk management and financial stability
• Financially strong and stable – rated A++ (Superior) by A.M. Best Company
• A member of the Institute of Customer Service, demonstrating our commitment to continually improving customer service performance and professionalism