Advisory Services

Project Risk Advisory

Are your contracts complex? Do other parties have different insurance policies? Speak with us to make sense…

 

Experts in Project Risk Advisory

Construction risk is complex with multiple stakeholders. It is therefore vital that all parties including project owners, contractors, sub-contractors and consultants understand where their liability begins and ends. At Cruden Read, we are here to protect your interests if you are involved in a construction project and relying on another party to effect and maintain the project insurance.  

We have worked as advisors to a broad range of construction clients on a diverse range of projects and have a thorough understanding of the risk requirements of the various parties attached to such projects. 

These risks are not solely determined by dollar value so much as their contractual and technical complexity, varied stakeholder interests and diversity of consortia partners. Our service focus includes risk profiling and analysis techniques used to design, develop and ultimately validate the results, quantification and modelling/benchmarking methods used for insurance programme design.

Confidence

Specialist construction and engineering insurance expertise and understanding

Coverage

Manuscript policy wordings providing broad scope of coverage

Reputable partner insurers with S&P A rating 

Access to an ad-hoc ‘help-desk’

Scope

We can assist all parties to a construction project including; project owners, contractors, sub-contractors and consultants

Cost

We have access to all major global construction insurance markets

Testimonials

“We utilised the services of CR for a Wholesale Construction Placement. They were able to arrange favourable terms and restructured our clients programme when the holding Underwriting Agency was unable to provide terms due to a large project commencing.

Terms were also broader than the incumbents which lead to our broking house retaining the business.”

CHRISTINE

Insurance Broker, D&C Contractor