Construction & Engineering Industry Insurance

Built on more than 20 years of proven expertise, our dedicated engineering and construction insurance safeguards your projects, people, and reputation.

Engineering and construction insurance is critical for any enterprise undertaking high-risk, high-value projects. From safeguarding your bottom line and workforce to protecting your reputation, our bespoke cover adapts to the changing demands of modern construction work.

From project delays and equipment failure to contractual disputes and health and safety liabilities, complex and evolving risks are prevalent in the construction industry.

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Insurance products for Construction & Engineering

Canopius offers specialised insurance products tailored to the construction and engineering industry:

Construction & Engineering Insurance

Crisis Management Insurance

Cyber Insurance

Financial Lines Insurance

General Liability Insurance

Marine Cargo Insurance

Political Risk Insurance

Professional Indemnity Insurance

Our expertise is in insurance solutions

At Canopius, we understand the risks faced in the construction and engineering industry and have a range of solutions built to support your business.

Construction & Engineering Insurance

We provide specialist insurance solutions for complex construction and engineering projects, covering risks such as project delays, structural failures, and unforeseen site conditions. Our expertise ensures businesses in the energy and mining industries have the protection they need to complete projects successfully.
In high-risk industries like construction and engineering, unexpected crises such as terrorism, sabotage and protest risks can have severe consequences. Our crisis management insurance helps businesses respond effectively, providing financial protection and expert support to mitigate operational damage.

As the construction and engineering industries become more digitalised, cyber threats are an increasing concern. Our cyber insurance solutions protect against data breaches, ransomware attacks, and operational disruptions, helping businesses recover quickly and maintain business continuity.

Provides tailored protection for directors, officers, and professionals in construction and engineering sector against financial liabilities, including claims arising from mismanagement and regulatory breaches – supporting sound decision-making in complex projects.
Covers construction and engineering businesses against third party liabilities, including injuries, property damage, and legal costs – supporting safe project delivery and reducing financial exposure from unforeseen incidents.
Protect high-value construction materials and project cargo, including refinery components and large industrial equipment, during transport – ensuring safe delivery and minimising disruption to complex engineering projects.
Businesses operating in the construction and engineering sectors face exposure to political instability in certain regions. Political risk insurance protects investments against contract frustration, expropriation, political violence, and currency inconvertibility, ensuring resilience in volatile environments.

Professionals in the energy and mining sectors face potential claims related to errors, omissions, and negligence in their work. Our professional indemnity insurance provides financial protection against legal costs and compensation claims, ensuring businesses and individuals can operate with confidence.

Why choose Canopius?

Canopius Syndicate 4444 is the largest in Lloyd's of London with a £2.55 billion capacity

We have built our trust and reputation across the globe offering insurance expertise, from the largest capacity in London to the single largest Lloyd’s syndicate in APAC.

Our reinsurance and US business are tailored to meet your needs as a bespoke insurance provider, offering distribution partners a variety of underwriting platform solutions to suit each client.

More than 20 years of experience

Backed by more than 20 years of experience, we have built a reputation for excellence in construction and engineering insurance – delivering tailored solutions that protect your investments and manage complex portfolios.

In 2024, the Canopius Group wrote $3.53 billion (USD) of insurance contract written premium

With a portfolio exceeding $3.53 billion in annual gross written premiums, our syndicate is trusted globally to provide robust and reliable coverage for a diverse range of construction and engineering risks.

Our specialists provide cover for

Our coverage is tailored to meet the diverse needs of various businesses across the energy, mining, and construction sectors, including:

  • Chemical manufacturing and processing plants
  • Civil engineering firms
  • EPC (Engineering, Procurement, and Construction) contractors
  • Energy and power generation companies
  • General building contractors
  • Infrastructure and utility companies
  • Mining and resource extraction enterprises
  • Project developers and owners in large-scale industrial projects
  • Renewable energy sector businesses (solar, wind, hydro)
  • Specialist subcontractors (e.g., electrical, mechanical)

Each policy is customised to address the unique risks faced by your organisation for your peace of mind.

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