Our Services
Construction & Engineering Insurance

BUSINESSES WE CAN COVER
- Power generation and utilities
- Oil, gas and petrochemicals
- Chemicals and pharmaceuticals
- Manufacturing and process industries
- Residential
- Commercial
- Government
- Industrial
- Heavy civil works and infrastructure (Roadways, railways, bridges, dams, canals, tunnels, water and wastewater distribution, etc.)
Contractors’ All Risks (Car) / Erection All Risks (Ear)
Provides an all risks cover during the construction period for contract works against loss or damage to property, third party liability for accidental bodily injury or property damage in connection with the performance of the contract, and delay in starting up. This CAR/EAR policy can be bundled with a maximum of 18 months of early operations coverage.
WHAT IS COVERED?
Bond

Performance Bond
A Performance Bond is required in the event a Contractor’s tender has been accepted by the Principal and a Letter of Award is issued. The main purpose of the Performance Bond is to guarantee that the Contractor fulfils the contractual obligations towards the completion of the contract.

Advance Payment Bond
Advance Payment Bond is required when a Contractor applies for an advance payment from the Principal to help fund the preliminary costs and mobilisation works of the contract. The main purpose of the Bond is to guarantee that the Contractor is able to make repayments for the advanced fund.

Tender Bond
A Tender Bond is required by a Contractor during the submission of tenders for contract jobs to the Principal. The main purpose of the Tender Bond is to guarantee that the contractor who is awarded the contract will undertake the contract under the terms at which the contractor has submitted and is capable of providing a Performance Bond thereafter.

Machinery Breakdown
This product covers accidental physical loss, destruction or damage to property insured, other than by an excluded cause, and subsequent income loss resulting from such interruption or interference. Applicable to Chemical, Oil and Petrochemical, Utilities, and Mining industries.
BUSINESSES WE CAN COVER
- Oil and petrochemicals
- Power generation, utilities and alternative energy
- Chemicals and pharmaceuticals
- Manufacturing industries
WHAT IS COVERED?
This product covers against loss or damage due to breakdown of plant and machinery after successful completion of their performance acceptance tests, whether they are at work or at rest, or being dismantled for the purpose of cleaning or overhauling or when being shifted within the premises.

BUSINESSES WE CAN COVER
- Oil and petrochemicals
- Power generation, utilities and alternative energy
- Chemicals and pharmaceuticals
- Manufacturing industries
- Telecommunications
- Healthcare
Electronic Equipment Insurance
This policy is an all risks cover mainly for computers, data processing equipment, office equipment and all other electronic equipment.
WHAT IS COVERED?
- Fire, lightning, explosion
- Burglary, Theft
- Short circuit, over voltage, induction
- Water, moisture, inundation
- Acts of God etc.