Key Areas Covered by Specialised Project Insurance in Rosebank
At Berkley Risk, we provide specialised project insurance in Rosebank, offering tailored solutions to cover the complex risks involved in large-scale construction, engineering, and renewable energy projects. Our comprehensive coverage ensures that your projects in Rosebank are safeguarded from start to finish, allowing you to focus on successful outcomes.
Renewable Energy Project Insurance
Coverage for All Phases:
Protects renewable energy projects, including wind, solar, hydro, and biomass, from development through operation.
Key Protections:
• Property Damage: Covers loss or damage to physical assets such as turbines, solar panels, and related infrastructure.
• Delay in Start-Up: Provides financial compensation for delays in project completion due to insured perils.
• Liability Coverage: Includes public liability, environmental liability, and professional indemnity.
Protects renewable energy projects, including wind, solar, hydro, and biomass, from development through operation.
Key Protections:
• Property Damage: Covers loss or damage to physical assets such as turbines, solar panels, and related infrastructure.
• Delay in Start-Up: Provides financial compensation for delays in project completion due to insured perils.
• Liability Coverage: Includes public liability, environmental liability, and professional indemnity.
Construction All Risks (CAR) Insurance
• Comprehensive Protection: Covers physical loss or damage to construction works, plant, machinery, and materials.
• Third-Party Liability: Protection against legal liabilities arising from injury to third parties or damage to their property.
• Advanced Loss of Profits: Covers financial losses due to project delays caused by insured events.
• Third-Party Liability: Protection against legal liabilities arising from injury to third parties or damage to their property.
• Advanced Loss of Profits: Covers financial losses due to project delays caused by insured events.
Engineering Project Insurance
• Erection All Risks (EAR): Specifically designed for the installation of plant, machinery, and equipment.
• Machinery Breakdown: Covers sudden and accidental physical damage to machinery during testing, commissioning, and operation.
• Inherent Defects Insurance: Provides coverage for material damage resulting from latent defects in design, materials, or workmanship.
• Machinery Breakdown: Covers sudden and accidental physical damage to machinery during testing, commissioning, and operation.
• Inherent Defects Insurance: Provides coverage for material damage resulting from latent defects in design, materials, or workmanship.
Contractors’ Plant and Equipment Insurance
• Comprehensive Coverage: Protects contractors’ owned or hired-in plant and machinery against loss or damage.
• Wide Range of Equipment: Covers equipment ranging from small tools to large construction machinery.
• Wide Range of Equipment: Covers equipment ranging from small tools to large construction machinery.
Professional Indemnity Insurance
• Protection for Professionals: Covers legal costs and damages arising from claims of negligence, errors, or omissions in professional services.
• Industry-Specific Coverage: Tailored for architects, engineers, consultants, and other professionals in the construction and renewable sectors.
• Industry-Specific Coverage: Tailored for architects, engineers, consultants, and other professionals in the construction and renewable sectors.
