Construction and Engineering is a global industry. It supports the infrastructure that we need to go about our everyday lives; from the buildings we live in, to the offices and factories we work at, and the roads and railway and airports we use to travel, to the systems and infrastructure we use to communicate and power our daily needs. Engineering covers a huge range of project activities, including specialised bridges and tunnelling and spectacular architecture, process engineering and civil works.
MARNIX have good experience in insuring all kinds of construction activities, including traditional construction, design & build; complex project management and fast-track construction activities. In engineering coverage is designed to meet the challenges of new and exciting designs as well as traditional methods and technologies building upon experience to create future successes.
Our construction and engineering expertise is truly global, covering a range of facilities and challenges from industrial, energy, or commercial to infrastructure, public and retail activities in countries around the world.
Some of our largest clients build some of the biggest civil and engineering developments around the globe including renewable energy sites, railways and infrastructure, power plants and industrial facilities. The insurers we use number among the top names in the insurance business based upon our knowledge and expertise of the markets and their particular specialist understanding of certain types of construction or engineering risk.
We are very familiar with dealing with complex ownerships and investor interests and the challenges of local insurance regulation and our portfolio of business continues to grow to support the demands and needs of our clients.
Engineering is a complex sector, requiring specialised knowledge of the technology, insurance markets and underwriters; the products specific to this class of business and additional considerations such as those presented by related activities, such as offsite storage, transit, plant and equipment, temporary works, removal of debris and existing structures, marine exposure, consequential loss and delay in start-up.