Contract works

What is contractors' all risks insurance?

Covers damage to the construction itself, materials on site, and existing buildings being renovated. It protects against fire, storm, theft, and vandalism, as well as sudden accidents that occur during the actual execution.

Why contractors' all risks insurance is important

Construction projects are fraught with risk. A classic mistake is uncertainty about who should take out the insurance: the developer or the contractor. For the developer, it is often safest to take it out themselves in order to have control over the coverage of the entire project.

Without proper contractors' all risks insurance, an accident in the final phase of construction can derail the entire project's finances and lead to lengthy legal battles over liability.

How Leaf helps

• Risk assessment: We calculate the risk for the specific project and find the optimal solution

• Allocation of liability: We ensure that all parties in the construction project know exactly who is covered by what

• Material security: We check that the insurance also covers materials that have not yet been installed but are on site.

Let us analyse your contractors' all risks insurance and ensure that accidents on site do not derail the entire project's budget