Sompo

Innovation for Wellbeing

ENGINEERING INSURANCE

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Boiler and Pressure Vessel Insurance

Our Boiler and Pressure Vessel Insurance covers boiler and pressure vessel installed at your premises against the risk of explosion or collapse. It can be extended to cover third party legal liability for property damage and bodily injury due to explosion or collapse occurring in the course of ordinary working.

Contractor’s All Risks Insurance

Our Contractor’s All Risks Insurance offers a comprehensive cover for all types of construction risks. The policy covers all sudden, accidental and unforeseen physical loss of or damage to contract works as well as bodily injury of third parties or damage to their properties arising out of the performance of the contract works for which you are legally liable.

Erection All Risks Insurance

Our Erection All Risks Insurance offers protection to principals and contractors and also to manufacturers and suppliers erecting plant and machinery, etc. against any sudden, fortuitous and unforeseen physical loss of or damage to the property insured as well as the legal liability to third party bodily injury or property damage whilst the property insured is being stored, erected, tested and commissioned.

Machinery Breakdown Insurance

Our Machinery Breakdown Insurance covers sudden and unforeseen physical damage to any mechanical and electrical machinery or equipment by any cause necessitating repairs or replacement.

Major coverage includes:

  • Faulty design, faults at workshop or in erection, defects in casting
  • Faulty operation, lack of skill, negligence
  • Tearing apart on account of centrifugal force
  • Short circuit and other electrical causes

Plant and Machinery All Risks Insurance

Our Plant and Machinery All Risks Insurance covers movable plant and machinery owned or leased by principals or contractors and used on site for various construction works, repairs and maintenance jobs or even regular site works.

For enquiries, please contact your insurance intermediaries or our company directly at (852) 2831 9980 or email at enquiries@sompo.com.hk