All risks projects and renewables
The Price Forbes & Partners team specialises in complex, major construction and new technology projects: in the civil arena including roads; bridges; tunnels and dams and the engineering arena including major power plant facilities; refineries and chemical facilities.
The technical team is expert in drafting broad and detailed policy language and tailored, project-specific wordings. Furthermore the team has an in-depth understanding of time element coverages, allowing the assistance of clients in insuring their precise financial exposures.
Specific areas of expertise include:
- Construction liabilities
- Contractor or owner controlled & project-based programmes for engineering & major civil and infrastructure developments
- Contractors’ plant & equipment
- Coverage for testing and maintenance periods
- Multi-year or annual project based policies on a direct or reinsurance basis
- New and innovative technology
- Property, time element coverage (advance loss of profits, delay in start-up)