Chubb provides insurance tailored for the construction industry's complex and evolving risks
We know that contractors and developers are continuing to expand and innovate technologically. So, whether you're a general contractor or property owner developing single projects or large multi-site projects, we can provide specialized coverage, help design robust risk management programs, and help you create a culture of safety for your workers.
The Chubb Construction Industry Practice is committed to building relationships, providing tailored coverage and service solutions, and leveraging technology to drive program outcomes. Our teams were specifically built to handle construction industry needs. When it comes to service, our dedicated industry specialists work in collaboration with the client’s team — and our capacity is backed by our infrastructure to deliver thousands of policies annually. These fundamentals are how we measure success.
“Every line of coverage that we touch in the Industry Practices benefits from the industry-specific expertise of our people. We don’t have generalists working in these groups, we have true specialists who understand their industries on a very practical and detailed level.”
Designed by a dedicated team of Chubb construction risk engineers — with specialized expertise in tunneling, transportation, cranes, bridges, highways, high-rise, hospitality and housing — our online portal includes tools and resources to address critical safety and loss control challenges you may face.
View, print and download proprietary products and benchmarking information. We hope you find the wide array of resources a valuable addition to your safety and risk management program.
Chubb understands the core risks facing construction firms today. We've become a top choice in the industry by delivering insurance and risk management solutions that help you protect your business and maintain a strong safety record – backed by our industry expertise, high-touch model, consultative approach to loss control, and passion for service.
Partnership that’s personal
We cover general contractors and subcontractors of all sizes, and owners or sponsors who need coverage for specific building projects. We have a long-term commitment to the construction industry and our risk engineers are often former contractors themselves. They act in collaboration with our clients’ risk management teams and to bring best practice to every project.
We know the construction industry faces the dual challenges of supply chain constraints and labor shortages, with materials costing significantly more than in the recent past. We also know that certain risks require tailored insurance coverage terms. Through a coordinated approach across multiple lines of coverage — property, casualty, inland marine, excess, surety, environmental — we are able to provide holistic solutions to our clients’ complex needs.
Expertise and financial strength
Chubb has served clients and partnered with leading organizations for more than 200 years. Our longevity, expertise, and financial strength are the bedrock of our business. That’s why 88 of the ENR Top 100 Contractors are Chubb insured.
Watch the Video — Chubb's Construction Industry Practice
Insurance programs can be structured to insure against liabilities common in the insurance industry, including risks such bodily injury and product liability. Typical projects or job sites can include airports, hotels, high-rise office buildings and other construction sites.
Construction insurance can cover a wide variety of claims, from worker’s compensation to project-specific risks like casualty insurance, auto liability, environmental or builders risk.
Policies can protect general contractors, those with management responsibilities, or even U.S. businesses based abroad.
From potential on-site injuries to property loss or damage, contractors face high-risk environments. Contractors can purchase general liability insurance that is designed to insure third party liability risk of bodily injury, property damage and certain other risks that often arise on a construction project site.
Chubb’s construction liability insurance can be customized to individual contractors or business owners, as well as project-specific protection.
INSIGHTS & RESOURCES
Chubb construction risk engineering: elements of a proactive safety culture
With new business models, increased reliance on technology, globalization, etc. — as the construction industry evolves so do your risks and exposures. Chubb shares our deep expertise and evolving industry knowledge through resources that help you understand and mitigate the threats.