Project
Insurance
Let your projects be shielded from the Unexpected
At India Insure, we possess the knowledge and experience to customise insurance programs that address the intricate risks encountered by projects. With a proven track record of managing projects worth ₹20,000 crores, we stand ready to provide expert advice and comprehensive insurance coverage to safeguard your investments and ensure project success.
From project development to construction and operation, we provide insurance and reinsurance broking services in the following areas :
Insurance advisory in respect of contractual negotiations with lenders, contractors, power purchase agreement counterparties, fuel supply agreement counterparties
Our Services
- Contract Risk Management
- Risk Presentation to underwriters
- Peer Benchmarking
- Underwriting submission to reinsurers
- Insurer & Reinsurer Carrier Selection
- Strategic Claims Management
Our team has extensive experience and understanding of the key issues and challenges that influence the construction industry, such as:
Contractual obligations
Contractual risk flows
Competitive pressures
Technological development
Regulatory requirements
Proven Expertise and Experience in Complex Risk Exposures
- Impact the asset base
- Interrupt the revenue stream
- Affect repayments to lenders and investors
Promise and Responsiveness
FAQ
Project insurance is a specialized type of insurance coverage designed to protect stakeholders involved in construction and power projects from various risks that may impact the project’s assets, revenue streams, and repayment obligations.
Stakeholders such as investors, lenders, contractors, and sponsors of construction and power projects require project insurance to mitigate financial risks associated with project development, construction, and operation.
Project insurance covers a wide range of risks, including but not limited to, construction delays, property damage, liability claims, business interruption, equipment breakdown, and natural disasters.
Project insurance helps safeguard investments, ensure financial stability, and mitigate potential losses resulting from unforeseen events or circumstances that could disrupt project timelines, revenue generation, or repayment schedules.
India Insure offers tailored insurance programs that address the specific risk exposures of each project. Our team leverages extensive experience, expertise, and industry knowledge to design comprehensive insurance solutions that meet the unique needs of our clients.
India Insure provides a range of services including contract risk management, underwriting submission, carrier selection, strategic claims management, and insurance advisory during contractual negotiations with stakeholders such as lenders, contractors, and power purchase agreement counterparties.
To learn more about our project insurance offerings and how we can assist you in safeguarding your project’s interests, please contact our team for consultation and personalized insurance solutions tailored to your specific needs.