Construction & Engineering
In construction projects the primary exposure is delay rather than damage. A physical loss may trigger contractual penalties, financing costs and revenue loss.
Cresta reviews project contracts and financing arrangements to align insurance with the economic structure of the project.
-
• Construction All Risks (CAR)
• Erection All Risks (EAR)
• Delay in Start Up / Advanced Loss of Profit (DSU/ALOP)
• Contractors’ Plant & Equipment
• Owner Controlled Insurance Programs
• Engineering Professional Liability
• Maintenance Period Extensions
• Testing & Commissioning