Engineering Insurance

Engineering projects involve complex machinery, specialised equipment and high-value assets, often operating in challenging environments. From installation and commissioning to ongoing operation, engineering risks require tailored insurance solutions that respond to both physical damage and associated liabilities.

Engineering Insurance is designed to protect against unforeseen losses during construction, installation, testing and operational phases, ensuring projects continue with minimal disruption.

What are the types of Engineering Insurance areas we cover?

Machinery Breakdown

Protecting your equipment & machinery from unexpected failures Machinery Breakdown insurance covers the sudden, unforeseen physical damage to machinery, such as electrical surges or mechanical failures, paying for repairs or...

Erection,Testing & Transit

Erection, Testing & Transit Insurance is designed to protect machinery, plant and equipment throughout critical stages of an engineering project. These phases often involve increased exposure to loss or damage...

Plant All-Risks

Construction and engineering projects rely heavily on plant and equipment that are exposed to a wide range of risks, including damage, theft and accidental loss. Plant All Risks Insurance is...

Cranes & Engineering

Cranes & Engineering operations take place in high-risk environments where precision, safety, and reliability are critical. Cranes and Engineering Insurance provides specialised cover designed to protect equipment, operations, and personnel...

What Is Covered

Fortuitous accidental damage, meaning unforeseen, despite reasonable precautions being taken to:

The contract works (the structure being built)
The materials being used (e.g. bricks)
Labour costs incurred to add value to the works
Free issue materials (materials provided by the owner)
Temporary works (e.g. temporary roads, scaffolding etc)

Perils Covered

Elements of nature (e.g. storm, wind, earthquake, subsidence, collapse)
Fire
Theft
Electrical/Mechanical failure during testing
Damage resulting from prior defects in materials or workmanship
Transit and Temporary Storage within Territorial Limits
Equipment returned to manufacturer for modifications

What Is Not Covered

Non fortuitous events
Negligent acts (better covered under PI)
Damage caused by manufacturing processes and misapplication of tools

Own Surrounding Property

Property not forming part of the contract works
But performance of the contract requires work to be performed on the property
‘Contractually in the custody and control of the contractor – for work thereon’
Damage must arise directly from the work carried out in the terms of the contract

Public Liability (Section II)

Covers legal liability for loss or damage to third party property or persons
Arising out of the performance of the contract

Removal of Support (Section III)

Extends liability cover to include cover for removal of support
Geotechnical report or details of method of construction required prior to granting cover

Tailored Protection for Complex Risks

Engineering risks vary significantly depending on the nature of the project, equipment used and operating environment. Insurance solutions are structured to match these specific exposures, ensuring appropriate protection at every stage of the engineering lifecycle.

Engineering Insurance provides confidence that your assets, investments and responsibilities are protected, allowing projects to progress efficiently and securely.