We underwrite Contractors All Risks business on a delegated authority basis for small to medium size risks via our online portal with direct access to insurers for larger risk consideration.
The system can quote and bind Contract Works for contracting risks with a turnover up to £5,000,000 and maximum contract values up to £5,000,000. Higher limits can be considered on referral to Allied World with document fulfilment still provided through the portal to allow for ease of transactions and a quick issue of policy documents.
The quotation system is predominantly for general builders and allied trades but the following can also be considered on referral:
- Utility Contractors
- Drain Contractors /Cleaners
- Road Surfacing Contractors
- Demolition Contractors
The system can quote and bind without referral up to the following limits:
- Owned Plant- Limits of Indemnity up to £500,000
- Cover is Reinstatement if the Plant and Equipment is less than 18 months old.
- Hired In Plant -Limits of Indemnity up to £250,000 based on annual hiring charges of up to £ 250,000.