Builder's Risk
XL Group offers coverage to national and multinational companies for public and
private infrastructure projects.
Product Availability
(Coverage provided for worldwide exposure)
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Product details
Product details
Capacity
Up to USD 100 million on a maximum foreseeable loss basis
Coverage
– Property in the course of construction, including hot testing and delay in completion
– Project-specific or master builder’s risk policy
– Principals and contractors
– Special package policies for construction/erection phases, which can include the first 12 months operational risk or a six-year construction term
Client Profiles
Our target clients are ENR 400 contractors with larger, more complex projects.
Contractors All Risks
– Buildings
– Highway construction
– Water treatment plants
– Bridges
– Airports
– Transit systems
Erection All Risks
– Power Plants
– Refineries
– Petrochemical plants
– Steel plants
– Process industries
– Cogeneration facilities
Typical Information Required
– Policy terms/coverages
– Project description
– Coverage limits needed
– Project time schedules
– Site/engineering plans
– Project value breakdown
– Additional information as needed
Information & Research
XL Construction ToolboxSHOW INFORMATION AND RESEARCH
Downloads
Industries
Disclaimer
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, XL GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda are only available through non US-based brokers. The Insurance companies of XL Group plc are: Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Select Insurance Company, XL Insurance Company of New York Inc., XL Insurance (Bermuda) Ltd, XL Insurance Company Limited, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Insurance Argentina SA Compañia de Seguros and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #1209 are managed by XL London Market Ltd and supported by XL corporate members at Lloyd’s. Additional important information regarding our business is provided on our Legal Notices page.