Erection All Risks Insurance
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Erection All Risks Insurance

Construction

Broker/agent trading options

Standard
E-trade
Delegated authority/reinsurance solutions

During a construction project, the responsibility for insuring against loss or damage to electrical and mechanical plant whilst in the erection and installation stage often falls to the contractor or employer.

Our response

Erection All Risks Insurance provides comprehensive cover for machinery installation and refurbishment, and is available on a single risk or annual basis.

Our policy can be arranged in the name of the contractor, the principal or joint names depending on the project requirement.

Our Erection All Risks insurance policy provides cover for:
  • machinery; from the commencement of loading for despatch to site (including transit and incidental storage)
  • erection and installation of plant and machinery during the construction period
  • defective design and machinery breakdown, where selected, during testing and commissioning
  • free issue materials where these are included in the declared values
Cover can be extended to include advance loss of profits, owned contractors' plant and hired-in plant.

Why buy HSB Construction Insurance?

Our underwriters and risk engineers have extensive experience in providing construction insurance and are recognised as experts in this field. 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/sub-contractors, property builders and developers, and construction plant owners in mind
  • Extensive underwriting expertise
  • Specialist engineering knowledge of plant and machinery
  • Cover available across the UK and Ireland
  • Access to experienced in-house construction loss control risk engineers
  • Access to claims handlers and loss adjusters with specialist knowledge of the construction industry

Product Brochures

We can provide our partners with innovative, all-encompassing construction solutions. If you’re looking to provide specialist cover as part of your commercial proposition, contact our team.

Product Spotlight: HSB Machinery Inherent Defects Insurance

Available for periods of up to 12 years, our product provides comprehensive cover for the mechanical and electrical services installed in new buildings undergoing construction, 'shell and core' building refurbishments, and completed buildings less than two years old.

HSB: UK construction trends

John Nicholls, Construction Product Lead - HSB
John Nicholls
Construction Product Lead - HSB
© Getty Images
Presentation (live recording)
Construction trends: The top five influences that are impacting the construction market
Video
Short summary

Why choose HSB?

  • Leading specialist provider of engineering and technology insurance and inspection services in the UK and Ireland
  • Winner of the 2021 British Insurance Awards 'Specialist Insurance Company of the Year' award
  • 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

For more information, speak to your insurance broker, your usual HSB contact or local HSB office, or contact our dedicated E-Trade Team in relation to our online trading solutions.

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