Engineering

Insurance Solutions for Engineering Sector

Engineering Insurance Broking Services

We provide specialised insurance solutions for the construction and engineering sector, designed to meet the specific challenges and risks of engineering projects. Our expertise across various engineering fields enables us to offer insurance that covers a broad range of risks, faced by practitioners in this field. In order for our clients to concentrate on their completion deadlines, on-site safety, and revenue our clients need to be able to feel comforted in that the risks that they face that are out of their direct control are also being taken care of. Thus, our focus is on creating strong, tailored insurance plans for each project, suitable for both individual projects and annual coverage.

Illustration of UIB's Engineering Insurance services, focusing on comprehensive solutions for construction risk management in Dubai.

Why Choose UIB in the Emirates

Our Approach to Engineering Insurance

Our approach is centered on a detailed evaluation of your project’s risk landscape, thoroughly examining the project’s risk exposures to safeguard each stakeholder – from Developers, Contractors of any tier, Conceptual Design Consultants, to Engineering Design Consultants.

We identify and assess the potential impacts of specific risks not only on the project works, existing infrastructure, and construction equipment, but also on each stakeholder involved. We identify and assess the potential impacts of specific risks on the project works, existing infrastructure, construction equipment, and third parties.

Utilizing our network of reputable insurers, we source and negotiate insurance policies that strike the perfect balance between thorough coverage and cost efficiency. Our commitment to transparent communication ensures that you are fully informed and confident in your insurance decisions.

Our-Approach-to-Engineering-Insurance

Comprehensive Range of Engineering Insurance Brokerage Solutions

Construction All Risks - Single Project or Open Facilities

Comprehensive single project coverage or comprehensive open facilities for a portfolio of projects for a contractor or a developer. Both single project and open facilities provide protection against loss or damage to Contract Works and Legal Liability arising from construction. The insurance can also be extended to provide Advanced Loss of Profits or Delay in Start-up to cover financial loss from delay in completion of contract works.

Contractor's Plant & Machinery

Insurance for contractors’ plant and machinery, covering loss or damage to equipment essential for construction projects.

Construction All Risks - Single Project or Open Facilities

Comprehensive single project coverage or comprehensive open facilities for a portfolio of projects for a contractor or a developer. Both single project and open facilities provide protection against loss or damage to Contract Works and Legal Liability arising from construction. The insurance can also be extended to provide Advanced Loss of Profits or Delay in Start-up to cover financial loss from delay in completion of contract works.

Contractor's Plant & Machinery

Insurance for contractors’ plant and machinery, covering loss or damage to equipment essential for construction projects.

Contractors All Risks - Single Project or Annual

Single project or annual coverage for comprehensive construction project protection, including third-party claims, with annual coverage offering extended multi-project security.

Electronic Equipment Insurance

Specialised insurance for electronic devices and equipment, protecting against damage and operational disruptions.

Contractor's Plant & Machinery

Insurance for contractors’ plant and machinery, covering loss or damage to equipment essential for construction projects.

Machinery Breakdown Insurance

Protection against financial loss due to sudden and unforeseen breakdowns of machinery essential for business operations.

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