Chase

Construction

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Construction Insurance

Chase is recognised as a leading construction insurance specialist in the Australian market. We understand the complexity of construction projects and contracts, where the nuances of policy terminology means the difference between a claim being paid or denied. Chase offers brokers and their clients peace of mind in securing broad coverage at competitive premiums.

Why Chase Construction?

Construction site
  • A leading construction specialist that understands the intricacies of construction contracts and project risk.
  • Flexible coverage able to respond to the diverse needs of small to medium projects, and the specific needs of major infrastructure projects.

Policy coverage

Our bespoke policies offer brokers and their clients peace of mind with market competitive wordings which respond to (or can be tailored to) circumstances typically encountered:

  • Broad insuring clauses
  • Broad Insured definition
  • Narrow exclusions
  • Responsiveness to varied contractual regimes
  • Policy provisions which provide the flexibility to accommodate small to major project risks across numerous delivery models
  • Policies tailored to avoid gaps

Capacity

  • Proportional capacity for project values over $100 million
  • Liability limits up to $250 million

Program structures

On a case by case basis:

  • Proportional and Excess of Loss
  • Difference in Conditions and Difference in Excess

Competitive premiums

  • Nationally competitive premiums
  • Flexible excess amounts and structures

Our appetite

Chase has a broad appetite across the construction sector and can provide a comprehensive solution on the suite of insurance classes servicing the sector

Construction sectors

  • Building - residential, commercial and industrial
  • Civil and infrastructure works
  • Energy, incl. renewables, battery plants, gas fired plants and transmission and distribution infrastructure
  • General and specialist trades incl. demolition, pre & post tensioning, underpinning, etc.
  • Land development and sub-division
  • Mechanical and electrical works
  • Mining infrastructure and services

Industry participants

  • Principals
  • Developers
  • Head contractors
  • Project managers
  • Subcontractors

Products

  • Annual and single project programs
  • Construction - Material Damage
  • Delay in Start Up
  • Construction - Liability (Primary & Excess of Loss), incl. Completed
  • Operations / Products Liability
  • Contractors Pollution Liability
  • Contractor’s Plant & Equipment

Construction Documents and Links

Contact

For more information or to obtain a quote please contact us.

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