Why AXIS
Technical Underwriting
The AXIS Construction team consists of experienced engineering and insurance professionals, and generally leads placements. The team utilizes sophisticated modeling and pricing techniques with bespoke wordings to meet customers’ needs.
Significant Capacity
We can offer up to $100m on a PML basis. Placements can be quota share or layered, including primary placements.
Global Reach
The team has the experience, ability, and resources to underwrite business across the globe.
Raj Brar, Head of Construction, Global Markets, discusses current construction insurance market trends with Insurance Business TV.
Appetite
Target classes
- Power (excluding Coal)
- Petrochemical
- Industrial
- Infrastructure
- Heavy Civil
- General Civil
- Building
- Complex Placements
- Annual Covers
Limited appetite for
- US timber frame
- For Wind, Solar and BESS, get in touch with the Global Energy team
Coverage and Capacity
Coverage
- Property Damage
- Advanced Business Interruption/Delay in Start Up
- Third-Party Liability
- Maintenance
Capacity
- Up to $100m on a PML basis per risk
- Able to utilize Lloyd’s or AXIS Company paper
- Able to write insurance or reinsurance depending on regulatory requirements
Capabilities
- Specialist expertise to understand needs and develop forms that respond to customers
- In-house risk engineering
- AXIS Energy Transition Syndicate 2050
- In-house wording specialists
SOLUTIONS
Solutions
AXIS provides delegated placement solutions for coverholders across the globe, backed by strong technical expertise. Our delegated focus is on either unique geographical distribution or specialist niche products.
Market specialist for the provision of property damage covers for Contractors Plant and Equipment.
AXIS provides delegated placement solutions for coverholders across the globe, backed by strong technical expertise. Our delegated focus is on either unique geographical distribution or specialist niche products.
Market specialist for the provision of property damage covers for Contractors Plant and Equipment.
Contact US
Your AXIS team
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.
Related
What’s happening at AXIS
Related news and updates across the organization
Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
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