Castel Construction
Construction, engineering and contractors plant and equipment insurance.
Castel Construction provides access to insurance solutions for all types of construction and engineering business on an insurance and reinsurance basis anywhere in the world.
Specialty Expertise
The team has expertise to underwrite risks worldwide with specific focus on the UK, EU, USA and Australasia. Project and annual business are underwritten on a quota share or excess of loss basis.
Products
- Construction all risks (CAR) single projects and annual covers
- Engineering all risks (EAR) single projects and annual covers
- Builder’s risk
- Contractors plant and equipment annual covers
- Primary third-party liability (excluding USA, Canada, Australia)
- Delay in start up
- Machinery breakdown / business interruption
- First year operational and business interruption cover for power generation
Target Profile
The construction and engineering sector, including (but not limited to):
- All types of buildings
- Power generation facilities of all types
- Metal industry
- Manufacturing plants
- Chemical, oil and gas
- Mining
- General contractors annuals
- All contractors’ plant asset types considered
Available Coverage
Construction and engineering:
- Up to USD 50,000,000 probable maximum loss (PML) our share
- Up to USD 10,000,000 critical CAT line
Contractors plant and equipment:
- Up to USD 20,000,000 (our share)
- Up to maximum 33.33% share
All capacity providers are at least A rated.
Any carrier ratings contained herein are as of 8/20/24. Ratings are under continual review and subject to change or affirmation.
CONTACT
Colin Rose
Head of Construction and Engineering
