At the planning and construction stage, we work with carefully-selected insurance specialists to negotiate Contractors All Risks, Performance Bonds and Bid Bonds insurance products, on behalf of our clients.
Sovereign Insurance Services and our partners have particular experience and expertise in the comprehensive insurance programmes required for any form of construction project. That experience includes everything from Nuclear Power Stations for Government and corporate clients through upstream and downstream energy projects, bridges & tunnels and shipbuilding to simple new house builds for the private client. Further to this, we have supported many property management companies to source appropriate coverage for entire apartment buildings.
Sovereign Insurance Services led the way in the Gibraltar insurance market by providing insurance backed performance bonds for the local construction industry when only bank guarantees were available previously.
For completed properties, whether for commercial or private use, or as owners, landlords or tenants, a wide range of products are available from a wide range of recognised providers. The team can access the Lloyd’s market as well as having close relationships with a number of insurance companies, both in the UK and internationally.
For your property risks and locations, we will work with you to prepare an appropriate insurance programme to fit your needs.
