Engineering Insurance

Many companies across a range of industry sectors have plant and/or machinery that is essential to the running of their business. When these machines suffer a breakdown or another form of loss or damage it can result in unexpected and costly repair bills.

In addition, many items of plant and/or machinery have Statutory obligations in relation to their Inspection.

The policies implemented are designed to cover the cost of repair or replacement of this machinery to incorporate the following.

• Cover is for sudden and unforeseen damage (including breakdown, explosion, collapse and accidental damage)
• Additional cover for damage to Insured’s surrounding property caused by explosion of pressure plant is available.
• Most losses are settled on a new for old replacement basis.
• Many additional extensions included as standard including hired in plant.