AXIS Construction Insurance

When brokers need to assemble large-scale capacity very quickly, they look to the in-house expertise, resources and capacity of the AXIS Construction Insurance team.

What type of business is it good for?

Large complex projects
Conventional commercial construction
Power and infrastructure development

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Member of Construction Consortium at Lloyd's

Emphasis on infrastructure development and power construction

Appetite for a broad range of risks, globally

AXIS is among the market's most experienced insurers of worldwide construction risks, with a focus on infrastructure and power generation projects. We're one of only a handful of insurers capable of underwriting projects of extremely large magnitude. AXIS Construction Insurance underwriting team has the experience and hands-on, in-house engineering expertise to help brokers quickly assemble the capacity they need for these projects. As a leading member of the Construction Consortium at Lloyd's, AXIS is able to utilize larger capacity on those risks that require it. Despite the syndicated approach that may be in place, clients have one point of contact for claims resolution. We seek to manage claims efficiently, whether the risk is insured exclusively by AXIS, through the open market, or the Lloyd's consortium.

Solutions

Solution

AXIS All Risks Property Damage Insurance

Insurance

From natural catastrophes to design consequences, AXIS All Risks Property Damage Insurance underwriters have the in-house engineering knowledge to tailor a plan to protect construction companies and developers against the risks to major infrastructure projects. The team has the expertise to review and price a very broad range of construction types, from heavy civil engineering through to nuclear power construction. From natural catastrophes to design consequences, AXIS All Risks Property Damage Insurance underwriters have the in-house engineering knowledge to tailor a plan to protect construction companies and developers against the risks to major infrastructure projects. The team has the expertise to review and price a very broad range of construction types, from heavy civil engineering through to nuclear power construction.

AXIS Associated Delay in Start-up Insurance

Insurance

Construction projects, like any business, can suffer from an interruption that can lead to a loss of profits. AXIS Associated Delay in Start-up Insurance can minimize the impact such delays can have on a client's business and profits. Construction projects, like any business, can suffer from an interruption that can lead to a loss of profits. AXIS Associated Delay in Start-up Insurance can minimize the impact such delays can have on a client's business and profits.

AXIS Associated Plant and Equipment Insurance

Insurance

Natural disasters and human error can sideline the equipment clients’ need for major construction projects. AXIS Associated Plant and Equipment Insurance can help make sure that damaged equipment is repaired or replaced—and back on the job—as soon as possible. Natural disasters and human error can sideline the equipment clients’ need for major construction projects. AXIS Associated Plant and Equipment Insurance can help make sure that damaged equipment is repaired or replaced—and back on the job—as soon as possible.

AXIS Associated Primary Third-Party Liability Insurance

Insurance

AXIS Associated Primary Third-Party Liability Insurance policies can be tailored to cover the multiple exposures that project owners have to their own liabilities as well as those of their contractors and subcontractors. AXIS Associated Primary Third-Party Liability Insurance policies can be tailored to cover the multiple exposures that project owners have to their own liabilities as well as those of their contractors and subcontractors.

AXIS normally expects a minimum premium of $15,000 for their participation on a risk
Business written globally

Common policy extensions

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