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Many major construction projects are insured under project-specific, owner coordinated insurance programmes which protect the interests of all parties involved with a single panel of insurers.

The same principle can be applied when the responsibility for arranging the project insurance rests with the contractor.

  • Broad form manuscript policy wording
  • Established long term market relationships with key insurer/reinsurer partners.
  • “Bulk-buying” ability due to volume of projects placed in the market
  • Ability to secure coverage enhancements and higher sub-limits in respect of key extensions of coverage
  • Insurers’ Risk Engineers are already familiar with the contractor’s philosophy toward risk management and loss prevention
  • Market ability to take a longer term view and therefore more willing to accept unusual risks due to the portfolio nature of the relationship
  • Bespoke policy wording provides for simple and efficient claims handling procedures which greatly enhances the claims collection and payment process.
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Project Specific Contractor Controlled Insurance Programmes (CCIP)

Many major construction projects are insured under project-specific, owner coordinated insurance programmes which protect the interests of all parties involved with a single panel of insurers.

The same principle can be applied when the responsibility for arranging the project insurance rests with the contractor.

  • Broad form manuscript policy wording
  • Established long term market relationships with key insurer/reinsurer partners.
  • "Bulk-buying" ability due to volume of projects placed in the market
  • Ability to secure coverage enhancements and higher sub-limits in respect of key extensions of coverage
  • Insurers' Risk Engineers are already familiar with the contractor's philosophy toward risk management and loss prevention
  • Market ability to take a longer term view and therefore more willing to accept unusual risks due to the portfolio nature of the relationship
  • Bespoke policy wording provides for simple and efficient claims handling procedures which greatly enhances the claims collection and payment process.
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