Contractors' All Risks Insurance/ Contract Works Insurance

Comprehensive cover for any damage that occurs during commercial and residential construction projects; available on a single risk or annual basis.

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Introduction

Contract works for construction, buildings and civil engineering projects can be complex in nature.

Modern buildings — 2025 construction trends: UK & Ireland - Download our industry reports

Explore key trends that are reshaping the future of their respective construction markets

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Contractors' All Risks Insurance/Contract Works Insurance

Our policy provides comprehensive cover for any damage that occurs during construction projects.

Available on a single risk or annual basis, our policy can be arranged in the name of the contractor, the principal or joint names depending on the project requirement.

Our policy provides cover for:

materials; from the commencement of loading for despatch to site (including transit and incidental storage)

contract works insurance cover during the construction period (including automatic continuation of cover for ongoing contracts that increase in contract price; up to 125% of the sum insured)

maintenance and defective design
free issue materials where these are included in the declared values
residential/private dwelling houses and commercial buildings during the construction period, once completed and also pending sale

Our Contractors' All Risks Insurance/Contract Works Insurance policy can be extended to include advance loss of profits, owned contractors' plant and hired-in plant, and employees' tools and personal effects.

Broker/agent trading options

E-trade

Non e-trade

Delegated authority/reinsurance solutions

We can provide our partners with innovative, all-encompassing construction solutions.

If you’re looking to provide specialist cover as part of your commercial proposition, contact our Partnerships Team.

HSB Knowledge Squad Podcast

Construction theft: contractors' small tools and equipment

HSB's John Nicholls, Construction Product Leader, and Jamie Talbot, Underwriting Manager, explore the rising impact of small tools and equipment theft in the construction industry, how they affect construction customers’ bottom line and, what preventative measures and industry best practices they can take or follow to mitigate the risk of theft.

Stream via: Apple Music | Spotify | YouTube | YouTube Music | Web browser

Listen now

Industry reports

2025 construction trends: UK & Ireland

Explore key trends that are reshaping the future of the UK and Ireland's construction markets, and how those trends are impacting construction insurance risks.

UK report Ireland report

We're proud to support:

Agriculture and Construction Equipment (ACE), and The National Construction and Agricultural Theft Team (NCATT); specialist police units targeting equipment theft from agricultural and construction sites.

ACE NCATT

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Why buy Contractors' All Risks Insurance/
Contract Works Insurance from HSB?

Our underwriters and risk engineers have extensive experience in providing construction insurance and are recognised as experts in this field. Drawing on our vast expertise in the construction sector, we are able to provide insurance products to meet the insurable risks of a specific construction project.

Policy wordings specifically designed with contractors/sub-contractors, property builders and developers, and construction plant owners in mind
Extensive underwriting expertise
Specialist engineering knowledge of plant and machinery
Cover available across the UK and Ireland
Access to experienced in-house construction loss control risk engineers
Access to claims handlers and loss adjusters with specialist knowledge of the construction industry

Leading specialist provider of engineering and technology insurance and inspection services in the UK and Ireland
UK-based arm of HSB Group, the equipment breakdown insurance and inspection market leader since 1866
Part of Munich Re, a world leader in risk solutions, consistent risk management and financial stability
Financially strong and stable – rated A++ (Superior) by A.M. Best Company
A member of the Institute of Customer Service, demonstrating our commitment to continually improving customer service performance and professionalism

HSB is committed to providing a superior customer experience through our specialist claims service

HSB Claims Team

Claims examples

Example Losses:

HSB Construction Insurance in action

Accidental damage to an excavator

£64,000

Claim

A large stone fell onto the roof of an excavator cab in a quarry, causing extensive damage to the machine and rendering it uneconomical to be repaired.

Theft of a dumper truck

£10,001

Claim

A construction company's six year-old dumper truck was stolen from a new-build housing development site.

Bulldozer damaged by fire

£64,142

Claim

An electrically-originated fire caused damage to a bulldozer. Forensic examination showed the source of fire emanated from the engine compartment. We worked with our customer to identify a suitable fire suppression system to mitigate any future fire damage should the situation ever reoccur.

Product documentation

E-trade

Our construction products are also accessible to brokers online via HSB Fast Track and Acturis; making it quick and easy to quote and bind cover, process mid-term adjustments, and obtain renewal terms.

HSB Annual Construction

An annually-renewable solution which provides comprehensive cover for construction, buildings and civil engineering projects.

HSB Project Construction

Provides comprehensive cover for construction, buildings and civil engineering projects.