Engineering & Construction Insurance
Coverage designed for complexity, scale, and project-specific risk.
Overview
Ace provides specialized insurance solutions for engineering and construction projects, from high-rise commercial towers to power plants and transport infrastructure. Our placements account for each development phase, including site preparation, construction, testing, commissioning, and handover. We work with contractors, developers, EPCs, and asset owners to protect capital-intensive work from delay, damage, and legal liability.
Key Risks We Cover
- Contractor’s All Risk (CAR)
- Erection All Risk (EAR)
- Advance Loss of Profit (ALOP)
- Third-Party Liability During Works
- Delay in Start-Up (DSU)
- Contractor’s Plant & Machinery (CPM)
- Professional Indemnity (for design risk)
Our Capabilities
- Review of project contracts and risk assumptions
- Advice on JVs, EPC risk splits, and lender requirements
- Placement in domestic or international markets
- Customisation of testing, commissioning, and handover periods
Client Outcomes
- Protection against project delays and overruns
- Tailored policy language for contractual compliance
- Streamlined claims handling for time-sensitive exposures
- Competitive premiums through early risk engagement
Why Ace
We've implemented engineering policies for some of India's most significant infrastructure projects, including highways, airports, and industrial zones. Our technical familiarity with project lifecycle risks helps clients secure contracts, satisfy lenders, and reduce downstream liabilities.