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Credit Protection Insurance
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Construction & Engineering
RIB has operated in the Engineering sector since its foundation becoming, by virtue of its team’s expertise and competence, an indisputable Italian market leader able to deal with any problem which may arise when carrying out a project.
RIB provides its services to both insurance and construction companies for the following types of cover:
- Construction/Erection All Risks
- Third-Party Liability
- Advance Loss of Profit/Delay in Start-up
- Contractors Plant and Equipment
- Decennial Liability/ Inherent Defects Insurance
- Professional Indemnity
- Machinery Breakdown
- Liquidated Damages
- Oil & Gas onshore and offshore
The Engineering team is also capable of providing highly-qualified client assistance for:
- Risk Analysis prior to project awarding
- Tender/Bid documents insurance review
- Contract review, drafting of documents
- Insurance project cost estimate
- Owner/Lenders interface
- Advisory programs
- "Glocal approach” to risk, coordinating all resources and local international partners to reach a common goal.
Our team provides insurance and reinsurance support also in the renewable energy sector (windfarms, photovoltaic systems, biogas etc.).
In recent years, the RIB Group has taken part in the development of a number of significant re-insurance programmes in Italy and abroad