
Construction and Infrastructure projects are critical economic drivers requiring huge investments, complex processes, and intense labour. The scale, scope, and nature of each project in terms of region, nature of work, and financial complexities is distinctive, and so are the risks associated with them. The dynamic nature of risks, changing at every stage of the project lifecycle – from bidding through pre-construction, construction, operational, and ongoing management – makes out-of-box risk solutions impractical. Making the wrong choice to hedge your risks could lead to significant financial and reputational losses.
You need customised risk solutions to specific project stages that deliver optimum coverage with the best pricing. At AnandRathi, we help owners, developers, and contractors with innovative, comprehensive, and cost-effective risk and insurance solutions across the project lifecycle. Our construction and infrastructure industry specialists come with deep domain experience. They understand each stage of your project and the risks involved. In addition, we deploy state-of-the-art technology to deliver the best experience for you.
Our Offerings
Construction and infrastructure risk consulting
Our experts stay on top of industry trends to advise you on the best options for your risk and insurance needs. We assess your risk management needs and benchmark your coverages against industry best practices, and suggest solutions to reduce the total cost of risk. Our consulting services include:
- Contract review to analyse contractual risks, risk allocation, insurable interest, and define insurance responsibilities
- Advisory for lenders’ due diligence
- Risk engineering and project risk management
- Innovative insurance cover/risk plans design
- Ensuring contract certainty
Policy placement
We create custom covers and policy wordings to suit your project and help draft insurance and indemnity clauses. Our strong insurer and reinsurer relationships help us get you competitive terms for the coverage of your choice. We enable policy placement for:
- Erection all risk Insurance (EAR), Contractor’s all risk Insurance (CAR), Contractor Controlled Project Insurance Program (CCIP)
- Regulatory Asset Ratio (RAR), Contractor’s all risk Insurance (CAR), Owner Controlled Project Insurance Program (OCIP)
- Advance Loss of Profits, Delay in start-up protection
- Project Marine Cargo
- Annual Project Insurance Program
- Contractors’ plant and machinery insurance
- Defects liability
- Project-specific and annual professional indemnity insurance
- Public liability, Third Party Liability, Cross Liability
Claims management
Our strong claims servicing teams help you manage large and highly complex claims easily.
Sector-specific expertise
Manufacturing
Protect against losses and reduce your total cost of risk
Cement
Solidify your risk management with personalized solutions
Pharma and Chemical
Give your business an edge with the right insurance
Insights
Our Latest News & Blogs
Surety Bond: To Be On a Sure Footing
Rrajesh Sharrma, CEO and Principal Officer, Anand Rathi Insurance Brokers Considering the size of the Indian economy, the market demand for surety insurance will be so huge, it can be another game-changer like agricultural insurance after the introduction of Pradhan...
Retail Cyber Insurance Policy
A retail cyber policy will help individual clients to protect them from a cyberattack and below are the coverages which are being offered through policies. Following are the coverages of the retail Cyber Insurance policy: Identity theft: This cover includes lost wages...
My Must-have Insurance Bucket
COVID has ripped apart the personal level protection system for any individual wide open. A deep dive into an individual assessment of protection needs would leave one in awe of the dire needs of a systematic way of protecting one’s financial losses. Prior to COVID...