engineering builders risk at a glance - allianz offices assets/united states...engineering /...

www.agcs.allianz.com AGCS_Insurance

Engineering /Builders Risk at a glance

Sales Appetite 2015

Segments

Course of ConstructionProjects– Erection All Risk (EAR)– Contractors’ All Risk (CAR)

Operational Risk– Power Business Segment– Mining Business Segment– Civil Engineering Completed Risks (CECR)

Focus/Appetite

• Building & Construction / Infrastructure Projects

• Power & Utilities

• Heavy Civils

• Mining

• Oil & Gas

• Power Business (all types of power plants, including nuclear, renewables, oil, coal and gas fired power plants, hydro power plants, etc.)

• Mining Business (open pit

• Bridges, roads etc.

Coverage

Direct Physical Loss or Damage

OptionalPhysical Damage coverage can be extended to include loss of income on behalf of a project owner (Delay in Start-up – DSU / Advanced Loss of Profit – ALOP)

Direct Physical Loss or Damage

OptionalPhysical Damage coverage can be extended to include loss of income on behalf of the plant owner

The business we write

Continued on next page

Coverage

Course of Construction / Project Cargo Boiler & Machinery

Course of Construction

Course of Construction

Course of Construction

Appetite Class

Mining

Power & Utility

Chemical Plant

Water District

Condominiums

Est. Premium

USD 3,400,000

USD 809,000

USD 300,000

USD 190,000

USD 92,000

Examplesof somerecent wins

Allianz Global Corporate & Specialty®

Copyright © 2015 Allianz Global Corporate & Specialty SE. All rights reserved. The material contained in this publication is designed to provide general information only. While every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or warranty of any kind about its accuracy and Allianz Global Corporate & Specialty SE cannot be held responsible for any mistakes or omissions. All descriptions of coverage are subject to the terms, conditions and exclusions of the individual policy.

615NA

Why brokers and their clientschoose Allianz for Engineering andConstruction projects

• The world’s leading insurer of construction risks – A depth and breadth of Engineering capabilities that are unmatched in the industry

• A seventy year tradition of excellence – Allianz combines 70 years of technical expertise and has played a key role in the development of engineering insurance since this coverage was first offered early in the 20th-century.

• Industry leading capacity – A market leading capac-ity of USD 260 million (Physical Damage and Delay in Start-up combined) positions Allianz to lead the largest domestic and international projects.

• End-to-end coverage – Ability to provide a policy term for the entire length of the construction period

• Expert risk consulting – Our multi-disciplined team of chartered Engineers and Risk Consultants provide technical expertise and risk management solutions across a wide range of commercial and industrial operations.

• Claims: On-site within 24 hours –We field one of the most experienced engineering claims teams in the industry with an established reputation for responsive claims handling on a worldwide basis, with a global network of contacts with local support.

• Coordination between Engineering, Marine, Energy – Seamless Project Cargo and Engineering coverages for large infrastructure projects and coordination of products and services for Oil & Gas exposures

Additional products and services:

• Alternative Risk Transfer

• Aviation

• Construction

• Energy

• Entertainment

• Farm & Ranch

• Financial Lines

• Global Programs

• Liability

• Marine

• Middle Market

• Risk Consulting

• Programs

• Property (including

Highly Protected Risk)

• Small Business

About AllianzAs an international financial services company, we offer our 85 million customers worldwide products and solutions in insurance and asset management. Allianz Global Corporate &Specialty is our dedicated brand for corporate, specialty and mid market risks and insuresover half of the Fortune 500® companies.

Standard & Poor’s

AA A.M. Best

A+

For more information please contact:

Manfred Schneider, Head of EngineeringNorth America+1.312.224.3566manfred.schneider@agcs.allianz.com Contractors All Risk / Erection All Risk / CivilEngineering Completed Risks / MiningDarren Tasker+1.416.849.4548darren.tasker@agr.allianz.ca

Erection All Risk /Power GenerationHonorio Campos+1.713. 877.5593hcampos@aic-allianz.com

Erection All Risk /Oil & GasRichard Lang+1.646.472.1586richard.lang@agcs.allianz.com

Erection All Risk / Heavy IndustriesMatthias Neeff+1.647.426.8307matthias.neeff@agcs.allianz.com