We believe businesses deserve cover that connects. That’s why we have industry specialists in underwriting, risk engineering and claims who can see the big picture. They understand the risks across your sector and connect different types of cover and services together to match your businesses’ needs. It means less chance of policy gaps and overlap, because everything joins up – like it should. Chubb Industry Practices is all about providing tailored, specialist insurance solutions with capabilities and products that evolve to meet the changing risks of each industry.
Chubb’s Construction Industry Practice provides insurance tailored for the industry’s complex and evolving risks.
We know that contractors are continuing to expand and innovate. We provide tailored construction insurance products to meet the needs of construction clients, ranging from general contractors and property developers to project risks of all sizes. We draw on our long-standing expertise to assist our clients and their brokers in meeting their specific coverage needs, with integrated claims management and risk engineering support.
How we support brokers
Hear more from Tom Finnegan, Head of Construction for Chubb in UK & Ireland, and Louise Joyce, Head of Industry Practices for Chubb across EMEA, for an overview of our Construction Industry Practice and how we help brokers operating in the sector.
We offer a range of insurance solutions designed specifically for construction companies, supported by construction specialists in underwriting, risk engineering and claims.
We insure:
- General contractors
- Commercial builders
- House builders
- Infrastructure
- Groundworkers
- Roads and Highways
- Annual coverage
- Single projects
- Multinational
Covers available:
- Masterpackage for Construction Companies
- Casualty primary and excess
- Contractors Pollution Liability
- Contractors All Risks
- Advanced Loss of Profits (ALOP)
- Delay in Start Up (DSU)
- Property
- Professional Indemnity
- Surety
- Management Liability
- Marine project cargo
- Personal Accident/Travel
- Cyber
- Fleet
Find the right coverage for your Construction business
We help our clients identify problems before they turn into costly claims
An effective partnership with an insurer brings intelligence and foresight. It also saves money. Through tailored risk prevention advice, we help our clients identify problems before they turn into costly claims. At Chubb, we help our clients reduce the uncertainty and potential disruption that claims can bring.
How do we do this?
- Qualified and experienced in-house risk engineers aligned with our underwriters
- Carefully designed support and guidance around risk management and health and safety
- Expert evaluation of your health and safety systems and practical risk controls
- Free online support resources
Achieving excellence in construction claims management
Managing a construction insurance claim, whether it's related to contract works or liability, can be a challenging and time-consuming endeavor that diverts attention away from the core operations of your business.
Construction projects encompass a wide range of risks throughout every phase, from initial design to final completion. Factors such as inadequate planning or design, scope changes, errors & omissions, and unforeseen delays or disruptions like fires or floods on-site create numerous opportunities for claims to arise.
Divergent expectations and objectives among clients, contractors, and sub-contractors can potentially lead to conflicts and disputes. With multiple parties involved in a project, establishing the actual cause of an issue and determining liability often becomes a complex matter, taking months or even years to settle. Additionally, negotiations can quickly become tense as each party seeks to safeguard their position, making it challenging to achieve a peaceful resolution
Our approach to Construction Claims
The Chubb Claims Philosophy is ‘Setting a Standard, delivering beyond.”
At Chubb we understand that the handling of every claim is the most critical test of our service, our support and our reputation. Which is why our claims management sets us apart as a trusted, responsive and empathetic insurer that protects our clients worldwide. So what makes Chubb so effective in Construction claims handling? For us it’s 3 things:
We understand construction – and care about your company
Global reach, local expertise – for everyone
Whether your business is big or small, takes you around the world or just around town, Chubb is here for you. Our breadth of experience in construction business insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.
Partnership that’s personal
We work to understand your business and where you’re headed so we can be proactive about meeting your needs. We invest in getting to know you, your team, and your customers. The goal: to help you see ahead, be ahead, and stay ahead..
Creative problem-solving
Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Expertise and financial strength
We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business.
Talk to one of our experts
Tom Finnegan
Construction Industry Practice Leader, UKI
Tfinnegan@chubb.com