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.
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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 [email protected] Contractors All Risk / Erection All Risk / CivilEngineering Completed Risks / MiningDarren [email protected]
Erection All Risk /Power GenerationHonorio Campos+1.713. [email protected]
Erection All Risk /Oil & GasRichard [email protected]
Erection All Risk / Heavy IndustriesMatthias [email protected]