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Engineering / Builders Risk at a Glance ALLIANZ GLOBAL CORPORATE & SPECIALTY® ENGINEERING / BUILDERS RISK AT A GLANCE SALES APPETITE THE BUSINESS WE WRITE Coverage Capacity Customers Direct Physical Loss or Damage Course of Construction •Building & Construction / Infrastructure Projects Optional Projects •Power & Utilities Physical Damage coverage can be extended to include –Erection All Risk (EAR) • Heavy Civils loss of income on behalf of a project owner (Delay in –Contractors All Risk (CAR) •Heavy Industry Start-up – DSU / Advanced Loss of Profit – ALOP) • Mining •Oil & Gas Direct Physical Loss or Damage Operational Risk • Power Business (all types of power plants, Optional – Power Business Segment including renewables) Physical Damage coverage can be extended to include – Mining Business Segment • Mining Business loss of income on behalf of the plant owner – Civil Engineering Completed • Bridges, roads etc. Risks (CECR) SAMPLE WINS Coverage Total Insured Value Risk Type Course of Construction $1.9 bn Airport Terminal Course of Construction $855 mn Combined Cycle Power Plant Course of Construction $1.65 bn Commercial / Residential Building Course of Construction $930 mn Grain Terminal Course of Construction $2.3 bn Open-pit Mine Operational All Risk $7.5 bn Operational Power Program Course of Construction $876 mn Petrochemical Plant agcs.allianz.com STANDARD & POOR‘S AA A.M. BEST A+ FOR MORE INFORMATION PLEASE CONTACT: TIM COOK Regional Head of Engineering, North America Tel: +1.212.823.8972 [email protected] CONTRACTORS ALL RISK / ERECTION ALL RISK / CIVIL ENGINEERING COMPLETED RISKS / MINING / HEAVY INDUSTRIES DARREN TASKER Tel: +1. 416. 849. 4548 [email protected] WHY BROKERS AND THEIR CLIENTS CHOOSE ERECTION ALL RISK/POWER GENERATION ALLIANZ FOR ENGINEERING AND CONSTRUCTION PROJECTS HONORIO CAMPOS Tel: +1.713.877.5593 [email protected] THE WORLD’S LEADING INSURER CLAIMS: ON-SITE WITHIN 24 HOURS OF CONSTRUCTION RISKS We field one of the most experienced ERECTION ALL RISK/OIL & GAS RICHARD LANG A depth and breadth of Engineering engineering claims teams in the industry Tel: +1.646.472.1586 capabilities that are unmatched in the with an established reputation for [email protected] industry. responsive claims-handling on a worldwide basis, with a global network A TRADITION OF EXCELLENCE of contacts with local support. Allianz combines 100 years of technical expertise and has played a key role in COORDINATION BETWEEN ENGINEERING, the development of engineering MARINE, ENERGY insurance since this coverage was first Seamless Project Cargo and Engineering offered early in the 20th-century. coverages for large infrastructure ABOUT ALLIANZ projects. As an international financial services INDUSTRY LEADING CAPACITY company, we offer our 86 million A market-leading capacity positions ADDITIONAL PRODUCTS AND SERVICES: customers worldwide products and Allianz to lead the largest domestic and • Agribusiness solutions in insurance and asset international projects. • Alternative Risk Transfer management. Allianz Global Corporate • Aviation & Specialty is our dedicated brand for END-TO-END COVERAGE • Energy corporate, specialty and mid market Ability to provide a policy term for the • Entertainment risks and insures over half of the entire length of the construction period. • Financial Lines Fortune 500® companies. • Liability EXPERT RISK CONSULTING • Marine Our multi-disciplined team of chartered • Middle Market Engineers and Risk Consultants provide • Multinational Solutions DOWNLOAD THE technical expertise and risk management • Programs AGCS - NORTH AMERICA solutions across a wide range of • Property (including Highly APP TODAY commercial and industrial operations. Protected Risk) • Risk Consulting • Small Business Copyright © 2018 Allianz Global Corporate & Specialty SE. All rights reserved. The material contained in this publication is designed to provide general information only. While every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or warranty of any kind about its accuracy and Allianz Global Corporate & Specialty SE cannot be held responsible for any mistakes or omissions. All descriptions of coverage are subject to the terms, conditions and exclusions of the individual policy..
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