- Appetite
- Specialist construction MGA offering CAR, plant, EL and PL; a candidate for a coordinated placement.
- Check
- Check tunnelling acceptance, depth restrictions, underground plant cover and any ground movement exclusions.
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Reading the risk
For: Tunnelling contractor
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What underwriters will focus on
Tunnelling contractor needing specialist consideration for EL, PL, CAR and plant. Underwriters will focus on tunnelling method, depth, ground conditions, water ingress, collapse, third-party settlement and underground worker safety.
Where to start
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We found 120 UK markets that write tunnelling contractor risks: 32 insurers, 85 MGAs and 3 Lloyd's markets. Commonly listed: Original Underwriting, Artes Specialty.
A highly specialist risk with limited capacity. Ground conditions, tunnelling method, settlement monitoring, damage to services and buildings above, and contract terms are the focus, with large projects usually placed on a bespoke basis.
tunnel boring contractor, microtunnelling contractor, pipe jacking contractor, underground construction
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