CONSTRUCTION INSURANCE

Construction projects, which have been going on with an increasing trend in recent years both at home and abroad, bring along many risks that investment owners have to manage.

Construction projects, which have been going on with an increasing trend in recent years both at home and abroad, bring along many risks that investment owners have to manage. These risks sometimes appear as financial risks as a result of economic decisions suggested by investment experts, sometimes as physical damage to existing facilities or structures under construction, and sometimes as design-based risks as a result of decisions made by engineers and bring many responsibilities, including legal responsibilities.

Many infrastructure elements such as tunnels, hospitals, schools, bridges, ports, roads and railways, petrochemical terminals, dams and power plants are being implemented by governments through private sector investors in order to improve the quality of life of their citizens. The risks of these million-lira, sometimes billion-lira, projects that emerged as a result of tremendous interdisciplinary studies have been successfully managed many times by NART’s professionals with technical expertise and deep knowledge in both the construction and insurance industries, with the strength of being a member of Lloyd’s Market, with a global network of 35,000 employees in 136 countries. As NART, we provide solution partnerships to our tens of giant Turkish investors, who are in the world’s lists in the sector, regarding their risks in both domestic and international projects, and contribute to their sustainable development.

The construction of superstructure elements such as residences, factories and shopping centers keeps pace with the developing world economy and increasing population, and their numbers are increasing rapidly. Rising labor and material costs, safety measures to prevent work accidents and natural disasters are the risks for the superstructure elements. All risks that may arise from the beginning of the construction to the end of the activities of the facilities are managed by NART’s expert professionals.

These risks, which may arise in every part and every moment of the construction activities, are systematically managed by the risk management professionals of Nart Brokerage through the steps of defining the risk, determining the effects on the project, determining the measures that can be taken, and developing the most appropriate insurance program for the project in transferring the risk.

Nart Brokerage and in case of a possible damage, Nart Damage Management provides full support to its customers with its experts from the first moment of the damage to the last moment.

As Nart Brokering, we offer our investors operating in the construction sector by customizing the following products in line with risk management studies. These risks, which may arise in every part and every moment of the construction activities, are systematically managed by the risk management professionals of Nart Brokerage through the steps of defining the risk, determining the effects on the project, determining the measures that can be taken, and developing the most appropriate insurance program for the project in transferring the risk.

Nart Brokerage and in case of a possible damage, Nart Damage Management provides full support to its customers with its experts from the first moment of the damage to the last moment.

As Nart Brokering, we offer our investors operating in the construction sector by customizing the following products in line with risk management studies. These risks, which may arise in every part and every moment of the construction activities, are systematically managed by the risk management professionals of Nart Brokerage through the steps of defining the risk, determining the effects on the project, determining the measures that can be taken, and developing the most appropriate insurance program for the project in transferring the risk.

Nart Brokerage and in case of a possible damage, Nart Damage Management provides full support to its customers with its experts from the first moment of the damage to the last moment.

As Nart Brokerage, we offer our investors operating in the construction sector by customizing the following products in line with risk management studies.

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