Construction

The construction industry plays a vital role in the growth of our economy and as a result, it is essential to ensure that the contractors that work within the sector are adequately insured to protect them against the risks associated with the industry.

Construction projects regardless of their size can often be very high-risk and dangerous environments and as construction specialists, M & C Risk Solutions are able to provide both insurance and risk management solutions to assist you in navigating these exposures.

Some of the most common types of insurance for companies within the sector are as follows:

• PUBLIC LIABILITY INSURANCE: Providing cover for both third-party bodily injury and third-party property damage as a result of your negligence.
• EMPLOYERS LIABILITY INSURANCE: Provides cover for the bodily injury or death of an employee as a result of your negligence in your duty to provide a safe working environment.
• PROFESSIONAL INDEMNITY INSURANCE: Provides cover for losses incurred as a result of an error or omission which is particularly important for companies that provide an element of design services.
• CONTRACTORS ALL RISKS INSURANCE: Provides protection for a structure that has yet to be completed extending to cover the construction materials in use and on-site.  This type of policy can also cater for own plant such as cranes and excavators as well as plant that is on hire to you.

The specific types of insurance required will vary from one company to another, dependant on the size and type of business and the specific projects that they work on.  However, we are on hand to identify the risks and exposures that your business may face and to provide guidance on how best to mitigate against these.

Please get in touch to discuss how M & C Risk Solutions can assist you and your business with a comprehensive and confidential risk review.