Engineering & Construction – cover for machinery, plant and equipment, installation and construction projects

Technical malfunctions, material defects and operating errors can result at any time in damage that results in plant and machinery downtimes. In the case of installation projects or on construction sites, external factors like natural hazards or fire risks exacerbate the risk exposure. HDI’s Engineering and Construction insurance solutions provide insurance for existing risks. ‘All Risks’ cover provide comprehensive insurance against property damage and business interruption losses. Project cover factors in the extensive risks involved in major construction and plant engineering projects. Policyholders in all categories have access to risk engineers from HDI Risk Consulting. They provide support to clients in the form of early identification and avoidance of potential risk situations.

Scope of services at a glance

During the construction/installation of:

  • Buildings and civil works
  • Machinery

and the operation of assets within industries involved in:

  • Water
  • Transport
  • Renewable energy

the company’s property is exposed to various perils such as from:

  • Internal causes e.g. breakdown, faulty materials, design, workmanship
  • External causes e.g. fire, accidental damage, impact, weather perils

HDI can provide insurance for :

Physical damage caused by these perils and more, including when followed by a downtime of works/operation which causes financial consequences for contractors and owners/operators of such property.

HDI offers a broad range of Engineering and Construction Insurance-products from standard policies to bespoke solutions including manuscript wordings. HDI can arrange insurance programs for projects OCIP (Owner controlled insurance programs) and CCIP (Contractor controlled insurance programs) covering interests of various insured parties according to the needs for the specific project and / or local requirements.

HDI reimburses all the agreed costs incurred to restore structures, machinery to its status prior to damage. Additionally ALoP/DSU (Advanced Loss of Profit / Delayed Start Up) or BI (Business Interruption) insurance offer protection for consequential financial loss of profits; ICoW (Increased cost of working) is an integral part of any ALoP/DSU/BI cover.

HDI  products’ proposition embraces construction/engineering policies protecting all industries’ projects controlled by either Investor or Contractor as well as policies during the operational phase for Operators’ assets, e.g.:

For e.g.:

  • Manufacturing Industry (all types of industries)
  • Natural Resources incl. Petrochemical, Onshore Oil and Gas, Mining projects
  • Renewable (on and off-shore), fossil, nuclear Energy Power,
  • Civil and infrastructure projects (including: commercial, residential buildings/facilities, civil works, underground risks, wet risks)
  • Public/Private Partnerships financing local infrastructure projects,
  • ALoP (Advanced Loss of Profit) or DSU (Delay in Start Up), which complements the above and protects against the consequential financial damage.

Undertaken by contractors active within the country and world-wide

  • on declaration/ risks attaching  basis
  • on turnover/investment basis

For e.g.:

  • Contractors Plant and Machinery
  • Machinery / Electronic Breakdown
  • BI/ IcoW - Business Interruption / Increased Cost of Working


Industrial Special Risk (ISR) for:

  • Water Resources Industries e.g. dam owners, water utilities
  • Transport Infrastructure e.g. motorways, railways, ports
  • Renewable Energy e.g. wind, solar, hydro, geothermal


Customer-focused technical support

Engineers with many years of professional experience in the industry work for HDI as underwriters, claims-engineers and risk-engineers and provide support to clients on the full range of technical insurances.

High level of capacity

HDI has sufficient capacity at its disposal to provide insurance cover for major projects.

Insurance cover worldwide

Our world-wide network enables us to serve our clients in their home country as well as providing insurance policies almost world-wide.

Access to professional claims management service

HDI provides claims management services based on experience, ranging from minimising and repair of damage to a reliable claims settlement.

Risk Consulting

Skilled risk advice and support

HDI Risk Consulting provides a cross-industry risk engineering service to help clients identify and quantify risks. Where necessary they can recommend risk-reduction and risk-avoidance actions. Risk engineers assess technical risks, which can result from the condition and operation of machinery, and plant and equipment. Construction project advice and support is provided in line with the relevant safety and security related requirements through local inspections and central co-ordination.