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. The HDI Completed Value Builder’s Risk cover provides 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

Engineering / Construction

During the construction/installation of:

  • Buildings
  • Civil Works
  • Infrastructure
  • Machinery


and the operation of assets within industries involved in:

  • 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 all types of projects covering interests of various insured parties according to the needs for the specific project and / or local requirements.
  • HDI has the ability to reimburse all the agreed costs incurred to restore structures, machinery to its status prior to damage. Additionally Delay In Completion or Soft Cost insurance offer protection for consequential financial loss of profits.
  • 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 Equipment and Machinery
  • Electronic Data Equipment (EDP)
  • Civil Engineering Completed Risks (CECR)
  • 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 industry work for HDI as underwriters and provide support to clients on the full range of technical issues.

High level of capacity

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

Insurance cover worldwide

The performance of local contractors is covered. Companies with worldwide operations can be covered through an international insurance programme.

Access to professional claims management service

HDI provides claims management services based on experience, ranging from restriction and rectification of damage to reliable claims settlement.

Risk Consulting

Skilled risk advice and support

HDI Risk Consulting provides a cross-industry risk engineering service to help clients identify, quantify and where necessary take risk-reduction and risk-avoidance actions. Risk engineers assess technical risks, which can result from the condition and operation of machinery, 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.