Construction projects are complex endeavors, with a lot of potential unknown situations.
Weather it is for the construction/erection or for damage to third parties, adequate risk protection is a must.
Main risks for Construction/Erection (CAR/EAR) industry are related to:
Construction/erection phase for the project itself (even after completion of works)
Loss of profits due to delays in completion of works
Liability for damage of all entities involved in the project, to third parties and eventual lost profits of the investor
Property damage/bodily injury to third parties
Environmental liability
Human resources
Construction equipments/machinery
IT & database
Managerial error
A complete insurance solution should include coverage for: