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Industries · Construction & Infrastructure

Lifecycle risk management for construction and infrastructure projects

A project's risk profile changes from design and transport through the construction phase to testing and commissioning. The insurance programme must address these interfaces together.

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SEDDK licensed · SBD member · Est. 2019 · 25+ years of team experience

Project risk map

  • Contractors’ All Risks (CAR) / Erection All Risks (EAR) and third-party liability
  • Existing premises and surrounding property risks
  • DSU/ALOP: delay-related revenue and financing impacts
  • Construction plant, equipment and machinery
  • Marine/project cargo and critical equipment transit
  • Professional liability, surety bond and reinsurance where required

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Managing the interfaces

The contractual obligations of employer, contractor, financier and consultants are incorporated into the risk analysis. A wording review supports the assessment of alignment between policies and contracts.

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