Engineering Insurances
We offer special policies that protect your construction, installation, machinery, and electronic equipment from all risks from project stage to operation.
Engineering insurance addresses the technical risks a project faces from the day the first foundations are laid until the plant is running at full capacity. On construction and erection projects the risk profile changes as works progress, while in operation machinery and electronic equipment are exposed to sudden and unforeseen breakdown, which calls for a cover structure beyond a standard property policy.
At Proxima Brokers, we review project contracts, works programmes and technical documentation to build an insurance structure that meets the expectations of employers, contractors and lenders. We make sure sums insured, deductibles and clauses reflect the realities of the project, and we follow the technical loss adjusting process closely when a claim arises.
Products
Construction All Risks
Protects the works, materials and site equipment on building, infrastructure and plant projects against sudden and unforeseen physical damage throughout construction.
View detailsErection All Risks
Developed for sudden and unforeseen physical damage during the erection of machinery, installations and steel structures, including testing and commissioning.
View detailsElectronic Equipment
Protects your electronic equipment, including IT systems, medical devices, communication and control equipment, against sudden and unforeseen physical damage.
View detailsMachinery Breakdown
Protects your production and operating machinery against sudden and unforeseen mechanical and electrical breakdown, whether in operation or during maintenance.
View details
Let’s build the right structure for your risks
Talk to our team to review your existing policies, design the cover structure for a new project or get support during a claim.