Engineered Risk Insurance
Engineered Risk Coverage offers nationwide comprehensive permanent property insurance for a variety of large civil projects involving U.S. transportation and utility infrastructure.
Benefits:
- Straight forward, easily readable coverage form
- Individually tailored polices to meet specific needs of client
- Highly experienced underwriting staff, licensed professional engineers
- Significant capacity for catastrophe exposures, e.g., earthquake, flood, wind and terrorism
- Variety of Risk Control Services, performed by licensed engineers to support an Insured's risk management program
- Participation in the ground-up primary layer; will consider excess or quota-share approaches to respond to client needs
Coverage:
- Nationwide property coverage for large civil projects involving U.S transportation and utility infrastructure
- Total Insured Values for individual programs can vary greatly, with some totaling several billion dollars spread out over a number of locations
- Coverages include property damage, business interruption/loss of revenue, debris removal, and more.
- Most common risk covered is property with revenue generating capacity, but coverage is not limited to these types of risks.