Engineering & Construction Insurance
Building With Confidence, Insured Every Step. From ground-breaking to hand-over, we protect the value of your project against the unexpected.
Protecting Projects From Ground-Breaking to Completion
Building With Confidence, Insured Every Step
Infrastructure and construction projects carry technical complexity and financial exposure at every stage. Site accidents, equipment breakdowns, shipment delays and unexpected project disruptions can affect both budgets and timelines.
WMG structures engineering and construction insurance solutions around your project’s specific requirements, helping protect the works, equipment, materials and financial interests involved throughout the project lifecycle.
Protect Project Works
Protect Plant & Machinery
Protection at Every Stage of Your Project
Construction risk can arise at the site, during installation, while equipment is in transit or when delays affect the expected start of operations. WMG takes a coordinated approach to the risks that can impact your project.
Construction Works
Protect construction works, materials and project sites against covered physical damage and third-party risks.
Plant & Machinery
Cover cranes, excavators and heavy equipment against overturning, mechanical failure and damage on site.
Equipment in Transit
Protect high-value equipment and materials while in transit against loss, damage and risks that could affect project schedules.
Project Delay
Help protect anticipated profits and manage increased costs when insured delays affect project completion or start-up.
THE WMG DIFFERENCE
WHAT WE COVER
Our engineering and construction insurance solutions address key risks across construction, installation, equipment, machinery, transit and project delays. Coverage is structured around the nature and requirements of each project.
Contractors All Risk (CAR)
Protects your construction works, materials, and site against fire, flood, and other physical damage, plus third-party injury or property claims.
Contractors Plant & Machinery (CPM)
Covers cranes, excavators, and heavy equipment against overturning, mechanical failure, and damage on site.
Erection All Risk (EAR)
Safeguards the installation of machinery, plant, and steel structures - from power plants to telecom towers - against fire, faulty workmanship, and electrical breakdown.
Project Transit Insurance
Insures high-value equipment and materials in transit against loss, damage, and delays that threaten your project schedule.
Machinery Breakdown Policy
Covers repair or replacement costs for plant and machinery damaged by sudden electrical or mechanical failure.
Advance Loss of Profit (ALOP):
Protects anticipated profits and covers increased costs when project delays push completion beyond schedule.
WHY WMG
Engineering and construction risk extends across the entire project lifecycle, from construction and equipment transit to installation, maintenance periods and delayed start-ups. WMG looks beyond the immediate project requirement to understand how different exposures can affect your timelines, costs and expected returns.
OUR APPROACH
A Clearer Way to Protect Your Project
From understanding the project to structuring the right protection, WMG takes a focused approach to engineering and construction risk.
1
Understand Your Project
We begin by understanding the project’s scope, stages, equipment, materials and key exposures.
2
Assess the Risks
We consider the risks that can affect construction, installation, transit, machinery and project completion.
3
Structure Your Cover
We develop an insurance programme around the specific requirements and risk profile of your project.
4
Support Through the Journey
We remain focused on your insurance needs as the project progresses through construction, installation and relevant subsequent stages.
