Engineering Insurances

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Engineering insurance description

Engineering insurance can be divided into two categories: project-based (construction and installation) or annual policies (machine breakdown, electronic equipment). In project-based insurance, the most important aspect of policy design is the review of contracts and the design of an insurance programme that is appropriate to the nature of the project, the contracts and the client's expectations. With our 25 years of experience in this field and for complex infrastructure investments:

  • Review of contracts
  • Review of technical documentation and preparation for submission to insurers
  • Translation of contract requirements into insurance wording
  • Meetings and negotiations with the employer or other contractors
  • Site visits

We are able to manage all these processes and provide support for reinsurance placements for even the most complex and experimental infrastructure projects. Our local team, with 25 years of field experience, has handled the insurance and reinsurance placements for Turkey's most complex and largest infrastructure projects, and our references will translate into service for new projects. In addition to the fire insurance policies we will produce for annual policies, we can provide standalone machine breakdown, electronic equipment, associated loss of profit, and leasing all risks-based policy placements.