We take an innovative, flexible approach to the business. Our team of experienced and dedicated underwriters offers a creative cross-class response by providing seamless products, policy cover and services in Construction, Power Generation, Oil, Gas, Petrochemical and Chemicals and Exploration and Production.
A broad range of coverage
LIU offers “All risks” property damage, machinery breakdown and boiler explosion, time element, business interruption, control of well, delay in start-up/advance loss of profits, project cargo and erection “all risks.”
Features and Benefits:
• Seamless products, policy cover and services.
• Upstream, downstream and liability exposures
• In-house risk management expertise and assessment processes
Products
• Construction
• Power Generation
• Oil, Gas, Petrochemical and Chemicals
• Exploration and Production
LIU Project Plus™ for Multiphase Energy Construction Projects
LIU Project Plus™ offers a significantly different approach to servicing the insurance needs of multiphase construction projects. By combining the specialized strengths of LIU people and products into one integrated package, our coverage is customized to each project’s unique risks.
The LIU Project Plus™ approach features:
• A suite of LIU products covering the diverse risks associated with the transportation, construction and start-up phases of a project; and
• A collaborative team of underwriters and risk engineers that comprehensively examines risks to ensure the right coverage and protection.
LIU Project Plus™ provides construction project owners something few other insurers can: simplicity, seamlessness and security.
Underwriting Focus
This integrated approach can provide significant advantages for a wide range of construction projects involving transportation, construction and start up:
• LIU Project Cargo. Provides comprehensive transportation insurance for materials and equipment destined for construction projects worldwide. LIU underwriters and risk engineers bring innovative solutions to even the most technical and complicated transportation challenges. We also specialize in protecting clients against delay in start up.
• LIU Construction/Erection All Risk. Insures physical damage to construction projects across a wide range of industrial segments. LIU’s customized engineering products and services help clients ensure that their projects’ specialized risks are addressed.
• LIU Operations/Completed Works. Designed for clients whose companies do not have their own operational programs. LIU provides comprehensive physical damage coverage against a variety of natural and man-made disasters for up to two years.
For more information on LIU Project Plus™ , contact:
Timothy Kania
Timothy.Kania@libertyiu.com
212-208-9554