Insurance Products

U.S. Engineered Risk

Sompo’s Engineered Risk team offers a flexible and consistent underwriting approach providing first-party property coverage for Contractor All Risk (CAR), Erection All Risk (EAR) and Civil infrastructure occupancies in the U.S.

Our team of experienced underwriting, claims and risk control professionals have an in-depth knowledge of the construction industry and its unique exposures. We take a collaborative approach to offering tailored solutions, responsive service and risk mitigation strategies to meet your individual needs.

Target Clients

Our Engineered Risk team focuses on project-specific (single location) accounts as well as contractor and developer master programs for the following occupancies:

  • CAR
    – Commercial and residential buildings
    – Airports, stadiums and convention centers
  • EAR
    – Manufacturing industries such as steel, cement, pulp & paper, mining
    – Oil, gas and specialty chemical
    – Power (traditional and renewables)
  • Civil
    – Roads, railways, pipelines, transmission lines and urban infrastructure

Coverage Features

  • All risk, including commissioning and testing
  • Delay in completion
  • Advance loss of revenues
  • Interim operation
  • Natural perils
  • $100 million depending on occupancy, peril and location
UnderwritingClaims Capabilities
  • Consistent, flexible, and responsive underwriting approach
  • Experienced underwriting team with knowledge and ability to provide custom builders’ risk solutions
  • Dedicated and experienced claims and risk control teams with specialized builders’ risk expertise
  • Collaborative approach to identifying and mitigating risks
  • Ability to write 100%, quota share or excess layers with manuscript wordings
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