Solutions
Project Builder’s Risk
Designed for a single project with total insured values greater than $35,000,000
Master Builder’s Risk
- Tailored to cover most or all of a customer’s construction portfolio with dedicated limits, rates, terms, and conditions for various project types
- The MBR offers flexible reporting options for projects ranging from reporting forms to specific project attaching coverage
Additional coverages available
- Delay in Completion – coverage for Gross Income, Rental Income, Contractor Soft Costs, and Owner Soft Costs
- Coverage for Faulty, Defective, or Deficient Covered Property
- Contractors Equipment (including cranes, tunnel boring machines, and other specialized equipment critical to the project)
- Existing Real Property – extends coverage beyond just damage caused by construction operations
- Phased Construction – the ability to phase portions of a project on and off as they start or complete
Project Builder’s Risk
Designed for a single project with total insured values greater than $35,000,000
Master Builder’s Risk
- Tailored to cover most or all of a customer’s construction portfolio with dedicated limits, rates, terms, and conditions for various project types
- The MBR offers flexible reporting options for projects ranging from reporting forms to specific project attaching coverage
Additional coverages available
- Delay in Completion – coverage for Gross Income, Rental Income, Contractor Soft Costs, and Owner Soft Costs
- Coverage for Faulty, Defective, or Deficient Covered Property
- Contractors Equipment (including cranes, tunnel boring machines, and other specialized equipment critical to the project)
- Existing Real Property – extends coverage beyond just damage caused by construction operations
- Phased Construction – the ability to phase portions of a project on and off as they start or complete
Appetite
Target classes
- Vertical Construction – Commercial, Institutional, Healthcare, Retail, Mixed-Use High-Rise
- Public & Social Infrastructure – Hospitals, Schools, Government Buildings, Airports, Stadiums
- Civil Infrastructure – Roads & Highways, Bridges, Tunnels, Railways, Pipelines
- Transit Systems – Light Rail, Subway Systems
- Energy & Utilities – Power Generation, Transmission & Distribution
- Heavy Industry – Industrial Structures, Oil & Gas, Chemical and Petrochemical
- Dam & Wet Works
- Renewable Energy
Capacity
- Project Policies and Master Policies
- Both OCIP and CCIP
- Capacity up to $25,000,000
- Primary & Excess coverage capability
- Flexibility on attachment points
- New Construction & Renovations
- Completed Operation 12 or 24 months / 36 months
- Minimum Premium is depended on limits.
- CAD/USD
Contact US
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To learn more about how our Wrap Up team can help you, contact:
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
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