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Large-Scale Property Projects insurance
At Sustain Insurance Brokers, we specialise in providing tailored insurance solutions that align with the unique needs and risks of large-scale property development projects, property investors and major construction initiatives. Our expertise ensures that you receive comprehensive coverage, expert risk
Property Developers
We understand the unique challenges and risks associated with large-scale property development projects. Explore our specialised coverage options to safeguard your investments and ensure the success of your projects.
Key Considerations for Property Development Insurance
Financing/Planning/Pre-construction
- Legal Liabilities: Comprehensive liability coverage to ensure compliance with local regulations and protect against potential legal disputes.
- Legal Indemnity Insurance: Protects against losses from title defects, planning disputes, or other legal issues affecting the property.
- Property Insurance: Coverage for existing property and structures against physical damage from various risks such as fire, theft, and natural disasters.
- Environmental Liability: Addresses potential environmental risks, ensuring compliance with regulations and protecting against significant liabilities.
Construction Phase
- Joint Names Insurance Policies: Managed insurance programs covering both the employer and the contractor for damage to the Contract Works.
- Existing Structure: Protects existing buildings and structures on the site during construction from damage due to ongoing activities.
- Latent Defects Insurance: Covers structural defects that appear after project completion, offering long-term protection for high-value developments.
- Third-Party Liability: Protection against claims from third parties for property damage or bodily injury resulting from construction activities.
- Bonds: Financial guarantees ensuring project completion and fulfillment of contractual obligations, crucial for large-scale developments.
Learn More About Property Development Insurance
Property Investors
Property investors face unique risks that can significantly impact the value and return on their investments. We offer specialised insurance solutions designed to address these risks and protect your investment portfolio.
Key Landlord and Investor Risks for Property Investors Insurance
- Property Damage: Comprehensive protection against physical damage to your properties due to fire, flood, storm, vandalism, or other insured events.
- Loss of Rental Income: Coverage that compensates for lost rental income if your property becomes uninhabitable due to an insured event, ensuring continued cash flow.
- Property Owners Liability: Protection against claims from tenants or third parties for injury or property damage occurring on your premises, safeguarding against costly legal disputes.
- Machinery Breakdown and Inspection: Protection against mechanical failures and includes regular inspections to prevent costly breakdowns and ensure safety compliance.
- Cyber Attack: Coverage for losses resulting from cyber-attacks, including data breaches and cyber extortion, protecting your investment from digital threats.
- Terrorism: Coverage for property damage and business interruption resulting from acts of terrorism, ensuring comprehensive protection in high-risk areas.
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Construction
Large-scale construction projects require robust insurance solutions to manage the inherent risks and complexities. We offer comprehensive coverage tailored to meet the needs of major construction projects, ensuring all aspects are adequately protected.
Key Considerations for Construction Insurance
- Professional Indemnity: Protection against claims of professional negligence, errors, or omissions in the design, management, or execution of construction projects, safeguarding against financial liabilities and reputational damage.
- Contractors All Risks (CAR): Comprehensive coverage for physical loss or damage to the construction project, including materials, fixtures, and equipment, from various risks such as fire, theft, and natural disasters.
- Employers and Public Liability: Protection against claims from employees or third parties for injury or property damage arising from construction activities, ensuring compliance with legal requirements and safeguarding financial stability.
- Surety Bonds: Financial guarantees ensuring the fulfillment of contractual obligations, including performance bonds, payment bonds, and bid bonds, providing assurance to project owners and investors.
- Environmental: Coverage for environmental risks and liabilities, including pollution and contamination, ensuring compliance with environmental regulations and protecting against significant financial liabilities.
- Cyber: Protection against cyber threats targeting construction management systems, including data breaches and cyber extortion, ensuring the security of digital assets and project information.
Learn More About Construction Insurance
Large-Scale Property Projects insurance
Please contact our highly experienced team to find out more information on how we might be able to better protect your organisation.
