
Comprehensive insurance solutions for large-scale construction projects
Tailored risk management for the engineering industry
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Ensure successful construction projects with customized risk solutions and insurance.
Owner or contractor-driven construction projects require extensive technical know-how, considerable investment and expertise in all areas. The complexity of multi-stage, construction and infrastructure projects all over the world also creates a greater need for consistent risk assessment and customized insurance solutions.
With Munich Re, you have a reliable, long-term full-service partner dedicated to your success. From planning to operation, we support you in realizing complex large-scale projects. Our team of over 200 specialists brings extensive technical and underwriting expertise, guiding you through every construction phase. We cover a wide range of projects worldwide, including civil infrastructure, commercial and residential developments and industrial facilities.
Our offering
Construction/erection of new projects
Operational damage cover
- CAR*: Construction All Risks: for infrastructure projects such as roads, bridges, tunnels, airports, ports, hydropower plants, and more
- EAR*: Erection All Risk: industrial plants, refineries, data centre, petrochemical/chemical, steelworks, semiconductor and battery plants, mines, etc.
- CPI/CEAR*: Comprehensive Project Insurance: CAR and EAR combined in a single policy
- MB**: Machinery Breakdown insurance for plant and machinery
- CMI**: Comprehensive Machinery Insurance: machinery breakdown, which covers machinery and equipment against internal and external damage, including damage caused by natural disasters
- CECR**: Civil Engineering Completed Risks: Cover on an annual basis for completed highways, tunnels, bridges and rail transportation systems, etc.
Time element cover/Business interruption (BI)
Special cover
- ALoP/DSU: Advanced loss of profit/delay in start-up
- MLoP: Loss of Profit insurance for Machinery
- Bespoke/manuscript wording in addition to standard market wording
- Latent/Inherent Defect Insurance (IDI/Decennial) (in selected markets)
- Coverage for offshore wind and interconnectors
Why choose Munich Re?
Trusted expertise
Reliable long-term partnership
Seamless claims handling
Financial strength
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Our specialists work with you to find the optimal solution for your project's investments. Based on their practical experience and insurance knowledge, they understand the language of your technical experts, project participants and construction managers on site.
Get in touch
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