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 – C ivil 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
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