Marquis have a great deal of experience in arranging cover for all aspects and sizes of Engineering Insurance risks from straightforward risks right up to very complex multi national bespoke placements. Below are some of the risks that we can place for you - this list isn't exhaustive so if you don't see what you are looking for please get in touch as we have access to a vast range of products and the creativity and experience to build the right package for your needs!
'All Risks' cover for your own Plant & Equipment.
Cover can also cover your legal liability under the terms of any hiring agreement that you may have in order to pay for the loss or damage caused to any hired-in plant plus the cost of ongoing hire charges.
Contract Works - Construction
‘All Risks’ protection for contract works materials. Cover can also cover own plant and hired in contractors' plant aswell as employees' personal effects & tools.
Additional covers can include transit to/from the contract site, 'free issue' materials where the contractor has a responsibility. debris removal, contract works stored offsite, professional fees etc.
'All Risks' cover for loss or damage to any computer equipment aswell as any additional costs which are incurred in order to reinstate any data or records that are lost.
Additional covers can include:- Increased cost of working, Worldwide transit cover for computer equipment, additional expenses incurred as a result of electricity/telecommunication failure.
Contract Works - Machinery
‘All Risks’ cover for contract works plant and machinery installation. Cover for owned and hired-in contractors’ plant and employees’ personal tools and effects can be included.
Additional covers can include transit to/from the contract site, 'free issue' materials where the contractor has a responsibility. debris removal, a period of cover following handover during the maintenance or defects liability period where required by contract, professional fees etc.
Cover for loss or damage to machinery during defined movements.
Examples can include:- Transit (including incidental storage whilst in transit), movement from the unloading point to final working position, cover for lifting and/or lowering from the attachment of slings until removal is concluded, re-siting cover ie removal from one site to another within same location.
Cover can also include testing, erection, dismantling, additional transit risks.
Machinery Loss of Profits
Cover for lost profits and/or increased working costs as a result of damage to machinery.
Cover can include:- Business Interruption following breakdown as a result of accidental damage, failure of the public utilities after a specified amount of time, a payment based upon an uplifted annual gross profit sum insured.
Additional covers can include:- explosion of pressure plant equipment.