Comprehensive protection for construction and property development projects
The construction industry is prone to multiple risks—from occupational accidents and structural damage to construction delays and contractual disputes. We at JHASA provide specialised insurance products for builders, developers, engineers and contractors to ensure the viability and protection of every project.
Specialised cover for the construction industry
- A Contractors All Risk (CAR) insurance provides cover against property damage, construction deficiencies and weather events during the works. Optional coverage includes Advance Loss of Profit (ALOP) insurance cover.
- A latent defects insurance (LDI) is designed to cover structural building defects within the first ten years of transfer of ownership. The policy can be expanded through optional cover (three-year policy, waiver of recourse clause, pre-existing coverage, etc.).
- A contractor's and developer's liability insurance offers protection against claims for damages to third parties arising from construction works.
- A heavy equipment and machinery insurance provides cover against damage, theft and breakdown of cranes, excavators and specialised equipment.
Our commitment to construction
We at JHASA BROKERS work with building concerns, engineering firms and property developers to design insurance programmes to minimise risks and ensure project continuity.
Contact us today and find out how we can help you manage construction risks.
