Construction insurance
No matter how large or small a construction project, and no matter how complex or straightforward it may appear, risk is always a common factor.
Whether it is the building of tunnels, dams or bridges or the project involves the most current of high technology risks, such as the installation of gas turbines or sophisticated electronic equipment, Thames Insurance Group is able to provide insurance solutions.
We specialize in the design, marketing and servicing of construction insurance.
Projects large or small involve a complex network of overlapping activities, constrained by both cost and time. Planning, managing and successfully completing a project requires skill, experience and foresight - the same is required for successful completion of an effective insurance.
Contractor all risks insurance
Construction works require protection against the possible failures and unexpected situations that might cause losses to the construction.
You can cover the whole construction project during its construction and any guarantee or maintance period.
The policy covers you against All Risks and is divided into two sections:
- Physical loss or Damage
- Third Party Liability;
We are able to offer coverage for:
- Construction of residential houses
- Office Buildings
- Warehouse
- Roads and bridges
- Farming buildings
- Private houses' restoration
- Apartment restoration or repair;
- Installation of equipment;
- Contractors Plant and Equipment
The construction project is normally covered against the following perils:
Fire, flood, natural disasters, vehicles collision, theft, vandalism and other risks that might take place during the time of construction works.
Third Party Liability:
- Material losses caused to a third parties;
- The physical losses caused to a third person (to his/her health and the changes of the physical condition).
