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.
Engineering / Construction
During the construction/installation of:
and the operation of assets within industries involved in:
the company’s property is exposed to various perils such as from:
HDI can provide insurance for :
For e.g.:
Undertaken by contractors active within the country and world-wide
For e.g.:
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.
HDI has sufficient cover capacity at its disposal to provide insurance for major projects.
The performance of local contractors is covered. Companies with worldwide operations can be covered through an international insurance programme.
HDI provides claims management services based on experience, ranging from restriction and rectification of damage to reliable claims settlement.
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.