Energy Risks

Construction/Erection/Contractor’s All Risks (CAR)

The basic concept is to offer comprehensive and adequate protection against loss or damage in respect of the contract works

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Third Party Liability (TPL)

Third Party Liability insurance is typically purchased in conjunction with a CAR insurance policy.

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Cargo Insurance (CI)

Covers the risk of loss or damage to goods during transit, storage, or warehousing. It provides financial protection against theft, fire, water damage, and other perils.

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Property All Risks (PAR)

Provides comprehensive insurance coverage for physical damage to buildings, equipment, and other assets.

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Environmental Impairment Liability (EIL)

Environment Impairment Liability (EIL) insurance provides coverage for damages or losses resulting from environmental pollution or contamination

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Terrorism & Sabotage insurance (TER)

This Insurance insures property against physical loss or damage & business interruption caused by an Act of Terrorism

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Covers against political risks such as expropriation, confiscation, or nationalization of assets. Coverage extends to compensation for losses resulting from political instability or government actions.

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Workers Compensation Insurance (WCI)

This is the most basic layer in the employee benefit tower. It mostly covers for the accidents related to work.

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Delay in Start-up (DSU)

DSU insures project owners for the financial consequences (as described in the policy) of a delay to project completion arising from an insured physical damage event.

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Business Interruption (BI)

The policy cover for losses resulting from business interruption caused by accidental damage to a building or property used for business purposes at the insured premises.

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Energy Risks

Construction/Erection/Contractor’s All Risks (CAR)

Third Party Liability (TPL)

Cargo Insurance (CI)

Property All Risks (PAR)

Environmental Impairment Liability (EIL)

Terrorism & Sabotage insurance (TER)

Political Risks Insurance

Workers Compensation Insurance (WCI)

Delay in Start-up (DSU)

Business Interruption (BI)

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