Engineering Insurance
It is a type of insurance that provides protection against losses arising from damage caused by fire to any building used for private or commercial purposes, including the building itself as well as the contents such as goods, machinery, installations, fixtures, inventory, and all kinds of equipment.
From construction projects to power plants, from electronic devices in offices to machinery installation, a wide range of risks can be covered under engineering insurance.
The risks associated with construction projects—worth millions of lira as a result of exceptional interdisciplinary work—as well as machinery in industrial and energy facilities, or installation projects, have been successfully managed numerous times by NART’s professionals, who possess both technical expertise and deep knowledge in the construction and insurance sectors.
Leveraging the strength of being a Lloyd’s Market member and supported by a global network service organization with 35,000 employees in 136 countries, NART consistently delivers exceptional results in risk management.
Engineering insurance refers to specialized insurance policies that provide protection against technical risks such as construction, erection, machinery, and electronic equipment. These policies offer coverage against sudden and unforeseen events that may occur during the course of a project.
Construction All Risks (CAR) Insurance
Provides coverage for physical damage that may occur during construction projects.
Example: Fire, flood, or material collapse during the construction process.Erection All Risks (EAR) Insurance
Offers protection against damage that may occur during the installation of any type of machinery or plant.
Example: Equipment falling or damage caused by incorrect installation during factory setup.Machinery Breakdown Insurance
Covers losses resulting from the sudden and unforeseen breakdown of machinery in operation.
Example: Electrical failure or operator error.Electronic Equipment Insurance
Covers sensitive electronic equipment such as computers, servers, and medical devices.
Example: Voltage fluctuations, liquid damage, or user error.
Construction All Risks (CAR) Insurance
Contractors’ Plant and Machinery (CPM) Insurance
Advanced Loss of Profit (ALOP)
Delay in Start-Up (DSU)
Erection All Risks (EAR) Insurance
Machinery Breakdown Insurance
Comprehensive Machinery Insurance (CMI)
Machinery Loss of Profit (MLOP)
Electronic Equipment Insurance
Civil Engineering Completed Risks (CECR)
Construction & Equipment (CPS)
Operational All Risks InsuranceAt NART Brokerage, in the event of a claim, our Claims Management Team provides full-scale support to our clients — from the very first moment the loss occurs until its resolution — leveraging the expertise of our dedicated professionals.
