“Construction projects need both broad coverage and the insight of an experienced team of insurance professionals that clients can trust. Our industrial knowledge and the use of sophisticated tools, along with technical input from engineers, catastrophe modellers and actuaries, enable us to thoroughly analyse construction risks and offer sensible solutions.”
Steven Norcliffe, Senior Vice President, Head of Construction & Power
The Torus Global Construction practice has underwriting centers in London, Cologne and Chicago and is led by Steven Norcliffe, an industry leader who has been underwriting construction risks since 1994. All our senior construction underwriters have solid engineering and underwriting backgrounds and are either Chartered Engineers or hold professional insurance qualifications.
The team allies engineering experience to rigorous risk analysis of the project data to facilitate the design of comprehensive Construction All Risk and Erection All Risk (CAR/EAR) coverages, customized to meet the needs of each client’s project.
Classes of Business:
- Buildings – from single story to high rise
- Roads and bridges
- Tunnels
- Wet projects – dams, jetties
- Harbours and ports
- Power stations and environmental controls
- Distribution – Pipelines & Electrical Lines
- Petrochemical – compressor stations, oil & gas fields, refineries, chemical processing
- Opencast mining and processing plan
In Chicago Richard Girden, a practised insurance professional with over 20 years’ experience in construction underwriting, focuses on annual master builders risk policies and the business as well as individual projects within the US.
