Specialized, complex insurance policy providing “all risks” coverage, designed to protect all parties involved in the development of civil construction/engineering works or the erection of technological plants, installations and equipment.

It may cover both material damages occurring due to Acts of God, fire, explosion, technological accidents or human error, as well as due to any other cause that is not excluded under the conditions of the policy, as well as, optionally, by the third party liability for material damage or bodily injury occurring to third parties due to incidents related to the works on site.

Also, the coverage may be extended optionally by a wide range of endorsements for other additional perils such as, for example, the so-called “social-political risks”, express transport carrier, design, etc.

Furthermore, it is an worlwide standardized insurance product, protected by re-insurance.

The advantages are obvious considering the nature of the insured objectives and risks, as well as the high investments they constantly require. The beneficiary may gain security in the development of the investment, even after an insured event with catastrophic consequences, and contractors may gain the comfort provided by the fact that the construction machinery, plant and equipment, the materials to be used, as well as the work in its current status are protected, and the expected profit will be reached by the lack of delay of the works.