Engineering Insurance - GCC

AlKoot Engineering Insurance is vital for businesses involved in construction across the GCC region.

Construction All Risks (CAR) Insurance: This policy provides comprehensive coverage for damages to construction projects during construction. It includes protection against physical loss or damage to construction works, such as buildings, machinery, and materials. Additionally, it covers third-party claims for injuries or property damage arising from construction activities.

Erection All Risks (EAR) Insurance: Our EAR policy covers risks associated with machinery and equipment at large facilities or production sites. This includes protection against loss or damage during the installation and assembly of machinery, as well as damages that may occur during the testing phase before full operational status.

Plant, Equipment, and Machinery Insurance: This policy safeguards various types of machinery and equipment used in construction and manufacturing against risks such as theft, fire, and accidental damage. It also includes coverage for income loss due to machinery breakdown or damage, ensuring that your production operations remain uninterrupted.

Delay in Start-Up (DSU) Insurance: If your project experiences delays that impact your ability to meet deadlines, our DSU coverage provides financial protection against losses. This includes compensation for lost revenue due to project delays and coverage for additional costs incurred during the delay.

Contractor's Plant and Machinery (CPM) Insurance: Protects construction equipment and machinery against risks such as theft, fire, and accidental damage. This policy is essential for contractors who rely on heavy machinery for their operations, ensuring that any losses or damages can be covered, allowing for uninterrupted work.

Boiler and Pressure Vessel Insurance: Provides coverage for the risks associated with the operation of boilers and pressure vessels. This insurance protects against damage to the equipment itself. It is essential for industries that rely on boilers and pressure systems for their operations.

By choosing AlKoot Insurance and Reinsurance, you can focus on your core activities—whether building iconic skyscrapers or cozy homes—while we handle the complexities of risk management.

Secure your projects with our dedicated support and expertise in the construction sector.