Construction Insurance

All Covers for All Risks

VIB GmbH – has strategic insurance advantages courtesy of our access to capacity, expertise and strong risk management skills.

This has led to our specialization in Construction and Erection for larger, more complex, heavy industrial engineering projects of power generation, pulp and paper, cement, steel and metal manufacturing and processing.

Our policies can cover the construction risk of static structures such as commercial buildings (including offices and retail complexes) and private housing.

Our Erections All Risk (EAR) Policies provide cover for all types of machinery installation projects from small manufacturing plants (including textiles and light engineering) to huge industrial projects such as refineries and nuclear power stations.

Benefits

Provides construction project insurance cover for all risks of physical loss or damage not otherwise excluded, for property undergoing construction or erection
Possibility to include and combine advanced loss of profits, marine and liability covers for large power projects

Market Specializations:

• Power stations
• Pipelines
• Refineries
• Office buildings
• Hotels
• Shopping centres