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+7 (495) 933 13 13Russian version

Малакут
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Phone.: (495) 933 13 73
Fax: (495) 933 13 70
malakut@malakut.ru
Malaya Sukharevskaya Sq., 12
Moscow 127051
RUSSIA
Construction and Engineering

Construction and reconstruction business may cause risks of losses that can either reduce project investments’ effectiveness or even cast doubt on reasonability of whole project. One of the most effective of serious negative profits minimization is the integrated insurance programs of :

  • Construction All Risks and Assembly All Risks (CAR/AAR)
  • Advance Loss of Profits / Delay in Start-up (ALoP/DSU).

Qualitative insurance protection is the significant argument for companies in process of negotiations with prospective investors, interested in effectiveness funds placement. Insurance programs allow them to reject reserve funds on incidental expenses that sometimes reach up to 10% of construction costs, while the insurance expenditures usually do not exceed 1%

In addition, construction insurance allows to:
  • Make expenditures on risks prevention and damages recovery more predictable, i.e. the insurance fixed costs can be included in the project budget
  • Minimize expenditures for damage recovery, thus rising investors and construction companies’ financial safety during construction of large and unique objects.