Construction & Real Estate

Simplify the insurance of your building project with a comprehensive approach

Name: Vanbreda Risk & Benefits
Price range: $

Contractor, property developer, architect, engineering firm, supplier or manufacturer: each bears a share of the responsibility in the same construction project. Each party takes out its own insurance cover. Unfortunately, in this way the different covers are not aligned with each other. When damage occurs on the construction site, the question soon arises: who is responsible? A comprehensive approach to construction risks ensures clarity and peace of mind.

Consult with an expert

Advice from A to Z

Policies tailored to your project

Extensive national and international network of insurers

Quick and efficient claims settlement

Complex risks & compulsory insurance

In a construction project, many different parties work together, which brings its own challenges:

It involves complex risks that could potentially cause great harm.
In addition, there are many legally required insurance policies and permits attached.
Are you building in another country? Then you have to comply with all the regulations in that country too.

This soon gives rise to a tangle of insurance policies, permits and regulations that is difficult to decipher. A comprehensive approach provides the solution.

Our solutions

All-risk construction insurance

Work in progress? With an all-risk construction policy you’re safe. All parties working on a construction site run the risk of causing damage. But who is responsible when damage occurs due to unforeseen events or human error? Soon the parties involved are pointing the finger at each other.

Each party has every interest in ensuring that work resumes quickly after an accident. The All-risk Construction policy covers all parties, and dispenses with the need to discuss responsibility.

Each project is different, which is why an all-risk construction policy is always tailor-made.

Mandatory insurance for decennial liability

Decennial liability insurance is indispensable. That policy insures the liability of architects, contractors and property developers for 10 years, for any defects in the structure that affect the stability of the building. The insurance is mandatory in the construction industry.

Moreover, adjustments are regularly made to existing laws. For example, in 2019 a new insurance requirement was introduced for certain construction parties to cover their professional liability.

Renewable energy: new risks and new solutions

Finally, the technical evolution within renewable energy also creates new insurance challenges. The renewable energy market is gaining momentum. Solar panels, charging stations and batteries are just some of the ways for companies to generate and store green energy.

Assessing new risks and converting them into an insurance policy requires expertise. That’s where Vanbreda Risk & Benefits makes a difference. We are constantly expanding our knowledge and experience, calling on our network of national and international insurance brokers.

Our experts are ready to guide your company through the challenges of renewable energy.

After analysis, our team ensures that the individual coverages are better aligned. This has three major advantages:

Each party knows where it stands
Everyone knows what needs to be done in the event of damage, and who is responsible for what
This allows significant premium discounts. A win-win for every party.