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The construction industry demands bespoke insurance solutions and specialist advice. We are an experienced construction insurance broker, providing market leading cover to both contractors and sub-contractors.
Every client’s requirements are different, from single to multi-site projects, building homes to commercial properties, roads to bridges, working at height or bored pile construction. We understand that whatever developments you undertake, you need the support of a construction insurance expert.
Our construction insurance brokers have the specialist knowledge required to identify your unique risks and search the market to negotiate a programme of covers specifically designed to mitigate your exposures. We will provide ongoing monitoring as your projects develop; continually identifying and protecting against emerging risks.
The covers we provide for construction companies include (but are not limited to):
We are an established provider of insurance to the Plant Hire sector.
Conditions of hire between a plant hire firm and the hirer, will make the hirer responsible for loss or damage equipment during the hire period.
We understand that sometimes there are commercial reasons when a plant hire firm would not want the hirer to be liable for loss or damage. There are also instances where it would be very difficult for the hirer to obtain insurance to cover plant hired by them, especially when the hire periods are short term.
Our recommended Plant ‘All Risks’ Insurance policy has the option to include the Hireshield Subrogration waiver, which essentially means that a plant hire firm can waive their usual rights of recourse against the hirer and instead have the plant covered by their own policy. Some plant firms will increase their hire charges in instances where subrogation rights are waived.
Some of the solutions we arrange for plant hire firms include:
Our solutions are underwritten by a carefully selected panel of insurers, based on their financial strength, policy cover, and ability to provide a first-class service to clients.
To learn more about the products we can offer construction companies, download our brochure here.
Tysers Risk Services is a practical and cost-effective solution, designed to help businesses of all sizes to manage their risk, through access to extensive Health & Safety and Employment Law advice and guidance.
Our expert in-house claims management team are on-hand to support you from initial notification through to satisfactory settlement.
As part of our Plant ‘All Risks’ Insurance policy, you will have the option to include the Hireshield subrogation waiver. This waiver will provide cover for your plant whilst out on hire and mean that your hirer will not be responsible for loss or damage to the plant. Contact us for more information.
Flexible tailor-made protection for plant hirers, designed to meet the needs of your business and offering competitive terms and premiums.
Policy sections include:
Cover for plant and equipment on an All Risks basis whilst anywhere in the UK. Includes cover whilst in your premises, in transit and out on hire. Cover is arranged on a blanket basis for owned and hired in plant and includes the following.
As part of our Plant ‘All Risks’ Insurance policy, you will have the option to include the Hireshield subrogation waiver. This waiver will provide cover for your plant whilst out on hire and mean that your hirer will not be responsible for loss or damage to the plant.
An alternative to standalone short term hired out plant insurance, the Hireshield subrogation wavier allows you to claim for loss or damage to plant on your own policy whilst hired out, rather than pursuing the hirer for damages.
Some plant hire firms opt to charge an increased hire fee for this waiver, to cover the increased cost of your insurance arrangement – please contact us for more detail.
“Our broker has arranged all aspects of our insurances for over 6 years and we have always been happy with the service.”
“Their communication is excellent. They have always taken the time to highlight some of the conditions in our Contractors Policy in particular, which if not adhered to, have the potential to effect claims. We appreciate their direct, straightforward yet professional approach.”
“They have become our valued business partner.”
“I have worked with the organisation since about 2004 and, in that period, we have enjoyed a sound professional relationship. My business is property management; particularly leasehold apartments. This is a complexed facet to the whole property management industry. I have found my broking team to be very capable of understanding of the subtleties and nuances involved and it is to their credit they have immersed themselves wholly into appreciating the difficulties we encounter.”
“I have found my Account Director and his colleagues to be most helpful whenever I have needed their help. Their professionalism and customer service skills are impeccable. Whenever I make any requests their speed to respond is fantastic. Nothing is too difficult, nothing is too much to ask, they are there all the time, even out of hours should the going gets tough. The dedication to their role is truly commendable.”
“I would highly recommend them”.
“We appointed our broker about 4 years ago when they competed for our business and were able to save on our premium. However, we are not just interested in money and the advice we have received from them has been invaluable, they have consistently challenged and reviewed our insurance programme to ensure it remains fit for purpose.”
“We were exhibiting when we had an accident with the gazebo causing damage to surrounding exhibitors. The in-house claims department sorted all aspects of the claim out without us even having to chase for information.”
“Our business has recently expanded and our insurances have had to evolve as our requirements have changed.”
“We have always found them professional and consider them an important business partner”.