Engineering Insurance

As a engineering business you will be manufacturing bespoke products for your customers. Whatever materials you work with, either on a single or multiple sites, we can offer a free review of your specific requirements to design insurance program that meets your needs.

Key features – Engineering Insurance

  • Specialist knowledge of the industry
  • Property section including full theft cover, stock at subcontractors, exhibition cover, automatic cover for moulds, dies and tools as well as nonmanufacturing machinery breakdown cover
  • Computer insurance, covering loss, theft or accidental damage
  • A wide selection of Business interruption extensions including Additional Increased Cost of Workings, book debts, customer and supplier extensions,
    essential employee cover and loss of attraction
  • Machinery & Plant insurance – cover for damage or stolen machinery
  • Engineering Inspection policy – if your business involves the operation of plant and machinery including electrical installations, lifting and ventilation equipment or pressure systems then regular inspections are required to check they are operating safely within the relevant legal requirements
  • Public Liability – covering injury or third party property damage to a member of the public
  • Products Liability – covers the cost of compensation claims for injury or damage to people or properties by a faulty product that your business designs, manufacturers or supplies
  • Employers Liability –  a legal requirement if you have 1 employee or more to cover against any action taken by any employee in the event of accident or loss
  • Professional Indemnity Insurance – covering the financial losses caused by you or your employees
  • Directors & Officers Insurance – Covers claims from individual who feel they have suffered a loss arising from a director acting wrongly in their position, claims could arise from Employees, shareholders, creditors, customer and much more.
  • Cyber Insurance – Protection against online fraud
  • Legal expenses including contract disputes and a 24- hour advice line

Targeted Trades

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