Infrastructure & Construction

Liberty has the business appetite, capacity (US$150 million PML) and in-depth understanding of technically complex risks to provide effective insurance cover for major infrastructure and construction projects. At the other end of the scale, we also provide comprehensive cover - especially multi-product solutions - to smaller and less complex projects.

We have an in-depth understanding of the financial implications of projects' delay in start-up (DSU). In the event of DSU, our cover is designed to help protect the financial viability of the project (from the owner's perspective), and to help ensure successful financing of private sector and private/public sector projects (from the lender's perspective).

Effective insurance of a large construction or infrastructure project requires significant capital, long-term commitment and proven industry experience. Liberty brings all of these to the table and offers a suite of PI insurance policies for major construction and infrastructure projects.

The financial and business interruption implications following an environmental incident can be significant, especially when the event generates substantial publicity. More prescriptive and stringent legislation, heightened media and community awareness, along with the possibility of delayed and protracted ‘long-tail’ claims, make businesses of all kinds increasingly vulnerable either as the cause or the victim of an environmental incident.

Liberty’s Project Cargo and Marine Delay in Start-up products protect against financial loss if transit risk results in a delay to the start-up of a project. Such delays can have a significant effect on a project’s earning capacity and appropriate insurance is prudent, if not crucial.

To provide liability cover on a major construction or infrastructure project, you need the business appetite, industry knowledge and experience to handle multiple parties and complex risks. Liberty has these capabilities.

Liberty offers a range of surety bonds and guarantees - an alternative to bank guarantees - tailored to the insurance needs of clients in infrastructure and construction, including complex public private partnerships. Time is precious, and bonds are often required at short notice. We prioritise timely bond issuance, working quickly and efficiently, so you can focus on running your business.

Liberty's Group Personal Accident and Sickness cover provides a valuable pathway to help protect people from unexpected events and provides them with financial security, such as one that leaves an individual unable to work or participate in other activities for an extended period of time. Our standard product is far from standard in scope and we have tailored our product to give customers maximum reassurance with a minimum of fuss.