Insurance for engineering-related risks that need specialist attention.
Engineering-related businesses can have technical, operational and liability exposures that require a more considered insurance approach. Acrusure can assist with reviewing the risk and considering suitable specialist markets.
Engineering risk is shaped by the work being performed, the assets involved and the circumstances surrounding the operation.
Technical risks require a technical understanding of the exposure
Acrusure considers the business activities, assets, equipment, liabilities and existing arrangements before approaching suitable insurers or specialist underwriting markets where appropriate.
Engineering operations
Understanding the equipment, activities and operating environment is part of the insurance review.
Technical businesses and teams
Engineering-related risks can involve complex operational circumstances that need to be considered before placement.
What we help you review
Engineering activities
Review the nature of the engineering-related work and the circumstances in which it is performed.
Machinery & equipment
Consider relevant assets, equipment and values as part of the wider risk review.
Operational exposure
Changes in operations, locations, activities or equipment may affect the insurance requirement.
Liability considerations
Review areas of liability alongside the technical and operational risk.
Specialist markets
Where appropriate, suitable insurers and specialist underwriting markets can be approached.
Ongoing review
Engineering risks should be revisited when activities, assets, operations or insurer requirements change.
Our approach to engineering-related risks
Acrusure follows a structured insurance journey, with the particular risk, underwriting requirements and client circumstances considered throughout.
Understand
We begin by understanding the client, their assets, activities and areas of risk.
Review
Existing insurance arrangements are reviewed to identify gaps, duplication, inappropriate structures or areas requiring further investigation.
Source
Where appropriate, suitable insurers and specialist underwriting markets are approached.
Compare & advise
Available options are considered in relation to cover, price, excesses, limitations, exclusions and the client’s requirements.
Implement
Once the client has made an informed decision, we assist with implementation and policy administration.
Maintain
We assist with amendments, policy administration, renewals and changes in circumstances.
Claims assistance
When a loss occurs, we assist the client in navigating the claims process and engaging with the insurer where necessary.
Engineering-related risks FAQs
What are engineering-related risks?
Acrusure lists engineering-related risks among its specialist insurance capabilities. The exact nature of the risk depends on the business, activities, assets and exposures involved.
Can existing engineering insurance be reviewed?
Yes. Existing arrangements can be reviewed alongside assets, activities, policy structure, values, gaps and changes in circumstances.
Does engineering insurance always use a specialist insurer?
Not necessarily. The appropriate market depends on the particular risk and current insurer appetite and underwriting requirements.
Can Acrusure assist with complex engineering claims?
Where a claim becomes complicated, Acrusure can assist by reviewing relevant policy documentation, supporting evidence and communication with insurers or underwriting representatives.
Need to review an engineering-related risk?
Speak to Acrusure about your existing arrangements or a new requirement. We can assess the risk and consider appropriate markets where available.
Speak to Acrusure