Construction & Building Insurance
ACE’s Contractors’ All Risk (CAR) Policy embraces the construction of static structures. Our preferred types of contracts are in the construction of commercial buildings (for example offices, retail complexes) and private housing, for which ACE can provide the finished operation covers.
ACE’s Erections All Risk (EAR) Policy provides cover for all types of machinery installation projects ranging from small manufacturing plants like textiles and light engineering to huge industrial projects such as refineries and nuclear power stations.
Our strategic advantages of capacity, expertise and strong risk management approach have led to our particular specialization in the larger, more complex, heavy industrial engineering projects of power generation, pulp and paper, cement, steel and metal manufacturing and processing.
Features & Benefits
- Provides cover for all risks of physical loss or damage not otherwise excluded for property which is undergoing construction or erection
- Possibility to include and combine advanced loss of profits, marine and liability covers for large power projects
- Specialists in risk management
- Global experience in underwriting
Market Specialisations
- Power stations
- Office buildings
- Hotels
- Shopping centres