Construction insurance – coverage to suit your business and projects

The building industry – covering major infrastructure, private housing, public buildings and industrial facilities – constitutes a major branch of the French and European economy. When the pandemic first broke out in 2020 and continued throughout 2021, it affected a great many areas of the economy, and the construction industry was no exception.

It is therefore more than understandable that you want to work with a reliable, solid and long-term insurance partner capable of supporting you long into the future across all branches of the construction industry with adjustable solutions and special arrangements. And as the second largest insurance provider to the construction industry, that is exactly what we pledge to do.

An insurance solution to suit every construction company

We protect your business by combining in a single policy all the coverage that is both essential and mandatory for a construction company:

• Construction liability insurance for damage that could affect the solidity of the structure, from the first pile of earth excavated through to 10 years after the project delivery ;
• General liability insurance for any injury sustained by the company’s employees and customers at work, or for any property damage, including any errors and omissions ;
• Vehicle and machinery insurance ;
• Insurance for damage caused by the building work and equipment before delivery to cover companies during construction ;
• Legal protection in the event of legal proceedings against your company, recommended insurance coverage.

Our insurance solution also covers the risks inherent to major projects and include material damage sustained during construction or builder’s risk coverage.

Similarly, building damage insurance offers all necessary coverage for the project sponsor.

An adaptable and adjustable policy

To best meet your construction insurance needs, you can also choose to extend the coverage limits to benefit from tailored solutions that align with the essential coverage in the market:

• Errors and omissions insurance, an essential addition to construction liability insurance and critical to effective operations ;
• Equipment coverage for uninsured structures ;
• Professional equipment coverage (following a claim on the construction liability insurance) ;
• Energy performance guarantee.

The last three forms of coverage in this list are recommended for certain activities, such as public works with equipment processes, wastewater treatment plants and activities related to building energy renovation.

A team of construction experts there to listen

To provide you with a high-quality service, our risk assessment specialists all have a background in the construction industry or trained as legal experts or engineers. They work hand in hand with your insurance intermediary to define the insurance coverage that best suits your needs. They draw on their expertise in risks to anticipate your needs as well as any potential changes in the market. We also harness our specialist construction management services to ensure you benefit from long-term support on your case.

Our strength ? A dynamic and scalable solution that takes account of market changes both with respect to regulatory (circular economy, waste sorting, reuse and recovery, the French ESSOC law known informally as the “right to make mistakes” act) and technical considerations (future RE 2020 energy regulation in France).

Did you know?

The “MMA Framework Agreements” serve to safeguard and simplify the administrative process by insuring your new projects within a predefined framework, which offers maximum safety and an unparalleled reduction in administration.