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Construction Insurance

Construction Insurance | A leading market provider in insurance for the construction and engineering sectors

Travelers is a leading provider of insurance for the construction industry. Our construction insurance specialisation arms us with a vast database of hands-on, industry-specific knowledge to help construction and engineering contractors manage costs. We work hard to deliver outstanding service, quality products and customised solutions. There is a strong engineering focus with two senior engineers supporting the underwriting function.

What Travelers cover

Travelers covers all risks of physical loss or damage to insured property that can come about from Construction or Engineering activities. Cover is offered on both single projects and on annually renewable business for contractors, developers and owners. Cover can be provided on a Full Value or Excess of Loss basis, and as insurance or reinsurance.

Travelers offer the following covers in conjunction with CAR/ EAR.

  • Third Party Liability (TPL)
  • Advance Loss of Profits (ALOP)
  • Contractors Plant and Equipment (CPE)
  • Interim operational cover and associated business interruption

In addition to this, as a group, we can offer:

  • Project Marine Cargo and associated Delay in Start Up
  • First year operational cover for Power projects
  • Terrorism

Target Business and appetite

  • Major construction projects in the following sectors:
    • Mining
    • Oil and gas
    • Building
    • Processing facilities
    • Power generation
    • Heavy and light industrial
    • Infrastructure including road, rail and water
  • Annually Renewable Contracts for:
    • Capital Expenditure
    • Contractors
    • Binding authorities

Maximum Capacity

 

  • USD 75,000,000 on a Probable Maximum Loss Basis

 

Geography

  • Worldwide

 

Paul Latimer, Travelers, Construction

Key Contact

Construction

Paul Latimer 
+44 (0) 20 3207 6464
PLATIMER@travelers.com

Linkedin



Contact our Construction team today

Underwriting

Nigel Cooper
+44 (0) 20 3207 6593
NJCOOPER@travelers.com

Chloë Brindley 
+44 (0) 20 3207 6237
CBRINDLE@travelers.com

Claims

Richard Shiel
+44 (0) 20 3207 6145
RSHIEL@travelers.com

Lloyd's box information

Box 221

11:30 -13:00

15:00 -16:30

+44 (0) 20 3207 6145