Construction Insurance

From the construction of buildings and the installation of machinery, through to contractors’ plant and specialist machinery inherent defects insurance, we have a range of expertly-crafted insurance products specifically designed to cover all aspects of a construction project.

Delegated Authority/Reinsurance Solutions

At HSB, we understand the challenges when undertaking construction works, and the wide variety of risks and insurable interest; whether created by the very nature of the work, the location or due to contractual requirements.

We provide a number of leading insurance companies and MGAs with innovative, all-encompassing construction insurance solutions. Our combination of technical knowledge and quality, along with our reputation for reliability, make us easy to work with.

Elements of Cover

Contractors' All Risks Insurance — Contractors' All Risks

Cover for construction, buildings and civil engineering projects.

Erection All Risks Insurance — Erection All Risks

Cover for electrical/mechanical plant risks during the erection/installation stage.

Contractors' Plant Insurance — Contractors' Plant

Cover for unforeseen loss or damage to owned or hired-in construction plant and machinery.

Machinery Movement Insurance — Machinery Movement

Cover for plant and machinery loss and damage during the transit and installation process.

Complementary Product: Machinery Inherent Defects Insurance

Cover for actual or impending damage to installed mechanical and electrical services caused by an inherent defect that existed prior to practical completion of a newly-constructed or refurbished building (available for up to 12 years following practical completion of the building).

Product overview

Why buy HSB Construction Insurance?

Drawing on our vast expertise in the construction sector, we are able to provide insurance products to meet the insurable risks of a specific project:

Policy wordings specifically designed with contractors, property developers and construction plant owners in mind
Extensive underwriting expertise of construction projects
Specialist engineering knowledge of plant and machinery
Cover available across the UK and Europe (we can also consider underwriting risks in other global territories)
Access to experienced in-house construction loss control risk engineers
Access to claims handlers and loss adjusters with specialist knowledge of the construction industry

Guidance on temporary closure of construction sites

We have produced guidance on how to manage a construction site shutdown in order to reduce the risks and impact of any issues during a temporary closure of the works.

Download guide

Why choose HSB?

Our underwriters and risk engineers have extensive experience in providing construction insurance and are recognised as experts in this field.

Leading specialist provider of engineering and technology insurance and inspection services in the UK, Ireland and Europe
Proactive inspection service carried out by a network of competent, technically-experienced Engineer Surveyors located throughout the UK and Ireland
UK-based arm of HSB Group, the equipment breakdown insurance and inspection market leader since 1866
Part of Munich Re, a world leader in risk solutions, consistent risk management and financial stability
Financially strong and stable – rated A++ (Superior) by A.M. Best Company
A member of the Institute of Customer Service, demonstrating our commitment to continually improving customer service performance and professionalism

Contact Us

If you’re looking to provide specialist construction covers as part of your commercial proposition, contact our team.

Guides to loss prevention: Construction

Using our extensive knowledge and experience of engineering and technology risks, built on a heritage of over 150 years, we have developed a series of 'risk guidance documents' which offer both practical advice and guidance based on industry best practices.

View our full suite