Construction All Risk insurance

Construction sites are, by nature, high-risk areas. Developers and contractors are faced with a myriad of risks that can financially cripple a project – and, possibly, one or more of the companies involved. When problems do arise, they can bring negative knock-on effects and additional liabilities. 

Sub-contracting of various specialised works can create other contractual problems, liability claims and court proceedings. 

Use an experienced broker to get you the right cover that will respond when you need it most.  We will help you conduct contract reviews and ensure that the insurances we arrange are effective.

What is Constructors' All Risk insurance?

It’s called ‘all risk’ because that's what it intends to cover. Policies are worded to provide peace of mind around the enormous risks construction companies face. Construction All Risk insurance covers against loss or damage to the contract works caused by:

•    Accidental damage
•    Natural perils
•    Basement and substructure construction works
•    Design errors (consequential damage only)
•    Testing and commissioning.

Policies also cover legal liability for injury to third parties or damage to third party property.

Policies are available on a project or blanket basis.  

A project policy covers you for the duration of the project including the contractual defects liability period.

A blanket policy covers an agreed profile of projects declared within a pre-agreed declaration period.   

Where your project is financed, the lender may require other insurances to be procured to safeguard their financial interest in the project.

Why choose us for Construction All Risk insurance?

Our Netherlands-based specialists, in collaboration with the wider Howden Broking Group, are able to approach all insurance markets to find the best solutions for all kinds of risks.

Our clients

As well as construction companies, we work with companies across all industry sectors who are considering constructing new premises or facilities or fitting out, altering or repairing their existing premises.

Our experience

Our team of experts has more than 20 years’ experience in placing insurance risks into the Dutch, London and international insurance markets.  We have developed strong, long-term relationships with insurers in these markets, working closely with them to ensure that our clients receive the right cover at the right price.

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We’re approachable, insightful and won’t dive in to the hard sell

Got a question? We're always happy to help