Security for Your Construction Projects

The construction all-risk insurance protects you as a builder, construction company, or project participant from financial losses caused by unforeseen events such as natural disasters, vandalism, or errors during the construction phase. Safeguard your project to avoid delays and costly disruptions.

Technical insurance provides comprehensive protection for machinery, technical systems, electronic equipment, and construction projects. It covers unexpected risks that may affect equipment performance, installation processes, or building operations.

Common types of technical insurance include:

• Machinery Insurance
  Covers stationary and mobile machinery against sudden and unforeseen damage during normal operation. This includes mechanical and electrical breakdowns, operating errors, or damage caused by external factors such as storms or vandalism.
• Electronics Insurance
  Provides all-round protection for electronic devices and systems. It covers damage from overvoltage, short circuits, user error, or other specific risks.
• Photovoltaic Insurance
  Protects solar energy systems against damage from weather, theft, vandalism, or operating errors. It may also cover loss of income due to system failure—ensuring long-term security and return on investment.
• Erection Insurance
  Covers financial losses that may occur during the assembly or installation of machinery, equipment, or other technical systems. Typical risks include human error, material defects, theft, or damage caused by natural forces.
• Contract Works Insurance
  Offers protection for builders, contractors, and tradespeople against unexpected damages during the construction phase. This includes losses caused by natural hazards (e.g. storms, flooding), vandalism, or on-site mistakes that can delay construction or lead to additional costs.

These insurance types offer tailor-made protection for companies and project stakeholders to help manage mechanical failures, human error, or unforeseen events—ensuring planning reliability and financial stability.

Yes. Technical insurance policies can be flexibly tailored to suit your company’s or project’s specific needs. Optional modules such as loss of income, damage detection costs, or extended liability coverage can be added depending on the risk profile.

You may benefit from technical insurance if:

• You own valuable technical equipment
  If your company depends on expensive machinery or electronic systems, unexpected breakdowns can lead to severe financial losses.
• You work in a technology-driven industry
  Sectors such as manufacturing, construction, or IT are especially vulnerable to technical risks.
• You are installing or assembling new systems
  Technical problems often occur during installation. Erection insurance helps cover related risks.
• You manage construction projects
  Building sites are exposed to multiple technical and environmental hazards—from machinery failure to weather damage.
• You rely heavily on electronic devices
  If your operations depend on IT infrastructure, servers, or sensitive electronics, electronics insurance helps protect your systems against failure and damage.
• You require customized solutions
  Technical insurance can be adapted to your company’s specific risk exposure.
• You want to ensure uninterrupted operations
  Equipment failure can result in operational downtime. Insurance helps minimize associated financial losses.
• You want to protect yourself from liability claims
  In case of technical faults or accidents causing third-party damage, technical insurance may also include liability protection.