Construction Risk Solutions

Construction Vertical

Your construction partner from initial project phase to completion

At Allianz Commercial, we understand the complexity of the construction industry's risk environment. Our specialized construction team combines underwriting precision, engineering insight, and risk management expertise to deliver tailored solutions that protect every stage of your project. From initial planning to final delivery, we help clients navigate complex risks with confidence through innovative products, customized strategies, and a client-first mindset.

With Allianz at your side, clients can focus on building their vision, while we take care of securing it.

Documents
Content
Download
Construction Risk Solutions brochure – U.S
Construction Risk Solutions brochure – Canada

Standard & Poor‘s

AA

A.M. Best

A+

Allianz Global Risks US Insurance Company Standard & Poor
AA (06/24) and A.M. Best A+ (05/25)

Our Leadership Team

North America
Darren Tasker
Regional Head of Construction,
North America
Chris Fancher
Head of
Construction Property
US
Kristofer Book
Head of Aviation
Programs & Product Development - NA
US
Craig DeFalco
Construction Leader,
Liability
US
Steve Tagert
Environmental Practice Leader
US
Jamie Grimes
Construction Product
Lead
Inland Marine,
South Zone
US
Joanie Fagan
Inland Marine
Technical Manager
US
Jeff Morgan
Property, Natural
Resources and Construction Claims Manager
US
Kelvin Cabrera
Executive Underwriter
Team Leader, Natural Resources
US
Nick Borus
Executive Underwriter,
Cyber
US
Calista Allen
ART Senior Structured Underwriter
North America
David Brehm
VP, Underwriting Director, Contract Surety
US
Jeff Hawkins
Executive Underwriter,
Project Cargo/Ocean Cargo
North America
Victor Espinosa
VP, Distribution & Broker Relations
Allianz Trade
US
Abdur Malik
Head of Natural Resources & Construction
Canada
Jim Hyatt
Head of Aviation
Canada
Adam Romano
Head of Liability
Canada
Alex Li
Environmental Practice Leader
Canada
Keith Scranton
Regional Head of
Inland Marine
North America
Brendan Souche
Executive Underwriter, Natural Resources and Construction
Canada
Ila Lindsay
Underwriting Analyst, Financial Lines
Canada
Paul McIntyre
Vice President, Surety
Canada
Jason Gallo
Vice President,
National Sales Director, Allianz Trade
Canada
Sandra Lee
Head of Claims
Canada

Products

The Business We Write

Coverage
Capacity
Customers
- Architects & Engineers PI
- Annual Practice + Select Single Projects
- Primary & Excess
$25M+ Design Revenue Min.  
$10M Primary & Excess

- Structure Design

- Offices/Mixed Use/Mfg.

- Infrastructure

-Roads/Hwy/Water

- Consulting

-LEED/Studies

- Owner Assistance

- Agency CM
- Commissioning

Coverage
Capacity
Customers
- Architects & Engineers PI
- Annual Practice + Select Single Projects
- Primary & Excess
$25M+ Design Revenue Min.  
$10M Primary & Excess

- Structure Design

- Offices/Mixed Use/Mfg.

- Infrastructure

-Roads/Hwy/Water

- Consulting

-LEED/Studies

- Owner Assistance

- Agency CM
- Commissioning

The Business We Write

Coverage
Capacity
Customers
- Integrated / Structured solutions
- Fronting Solutions
- Structured Captive Reinsurance
ART offers bespoke, custom insurance solutions to fill gaps in the traditional marketplace, including multi-line and multi-year solutions:

- Practice & Projects capabilities
- Multi-year and/or multi-line solutions
- Structured risk transfer and fronting solutions
- Broad appetite for lines of business, coverage, and exposures

ART offers a broad appetite, supplementing the Allianz Construction Risk Solutions offering, including classes of business and products outside of the scope of traditional offerings.

Coverage
Capacity
Customers
- Integrated/Structured solutions
- Fronting Solutions
- Structured Captive Reinsurance
ART offers bespoke, custom insurance solutions to fill gaps in the traditional marketplace, including multi-line and multi-year solutions:

- Practice & Projects capabilities
- Multi-year and/or multi-line solutions
- Structured risk transfer and fronting solutions
- Broad appetite for lines of business, coverage, and exposures

ART offers a broad appetite, supplementing the Allianz Construction Risk Solutions offering, including classes of business and products outside of the scope of traditional offerings.

An aviation engineer inside a plane engine

The Business We Write

Coverage
Capacity
Customers
Unmanned Aerial Systems (UAS)/Drones
$75M (Hull) and $250M (Liability)

- Real Estate
- Construction
- Power and Agriculture
- Surveying
- Commercial Operations
- Local, State, and Federal Forestry

Coverage
Capacity
Customers
Unmanned Aerial Systems (UAS)/Drones
$75M (Hull) and $250M (Liability)

- Real Estate
- Construction
- Power and Agriculture
- Surveying
- Commercial Operations
- Local, Provincial, and Federal Forestry

A construction site at sunrise

The Business We Write

Coverage
Capacity
Customers
Large Construction
- TIV > $200M
- $350M Probable Maximum Loss (PML)
- Lead/Follow Quota-Share
- Single Project, Phased Projects and Master Builders Risk Program

CAR/EAR/Civil Construction    

All Classes/types Projects include:

- Industrial    
- Manufacturing    
- Infrastructure /     Heavy Civils    
- Roads and Bridges    
- Power & Utilities including Renewable Energy    
- Transmission Lines    
- Pipelines    
- Stadiums    
- Data Centers    
- Mining    
- Building Construction including: Institutional Buildings, Hotels, and Residental Hi-Rise

Coverage
Capacity
Customers
Large Construction
- Projects > $100M
- Available Capacity $200M (PML)
- Lead/Follow Quota Share
- No 100% writes

CAR/EAR/Civil      Construction    

All Classes/types Customers include:

- Building & Construction/ Infrastructure Projects
- Power & Utilities
- Heavy Civils
- Oil & Gas
- Mining

The Business We Write

Coverage
Capacity
Customers
Cyber
Tech
Media
MPL (when combined with Cyber, Tech, Media)
$10M Primary and Excess

Considering insureds with revenues >$500M

The Business We Write

Coverage
Capacity
Customers
Contractor’s Pollution Liability (Claims Made and Occurrence Forms)

– Practice Policy
– Project Policy
– OCIP/CCIP Policy
– Owners Protective Policy
$25M Each Incident

Practice:    

- Commercial and Industrial General Contracts    
- Civil Contractors    
- Street & Road Contractors    
- Environmental / Abatement /   Remediation Contractors

Projects:    

- Retail & Commercial  
- Manufacturing Facilities    
- Chemical Facilities    
- Educational Institutions (All levels)    
- Healthcare    
- Public Entity    
- Mixed Use and Residential    
- Sports and Recreational    
- Sacred Spaces    
- Street & Road  
- Energy and Green Energy    
- Data Centers    
- Existing Structure Buildouts    
- Civil Infrastructure

Site Pollution Legal Liability (Claims Made)
$25M Each Incident

- Contractor’s owned/leased facilities

- Project Sites

Coverage
Capacity
Customers
Contractor’s Pollution Liability (Claims Made and Occurrence Forms)

– Practice Policy
– Project Policy
– OCIP/CCIP Policy
– Owners Protective Policy

Environment Protect Infrastructure (Site + Contractors Pollution)

$25M Each Incident

$25M Each Incident

Practice:    

- Commercial and Industrial General Contracts    
- Civil Contractors    
- Street & Road Contractors    
- Environmental / Abatement /   Remediation Contractors

Projects:    

- Retail & Commercial  
- Manufacturing Facilities    
- Chemical Facilities    
- Educational Institutions (All levels)
- Healthcare    
- Public Entity    
- Mixed Use and Residential    
- Sports and Recreational    
- Sacred Spaces    
- Street & Road  
- Energy and Green Energy    
- Data Centers    
- Existing Structure Buildouts    
- Civil Infrastructure

Site Pollution Legal Liability (Claims Made)
$25M Each Incident

- Contractor’s owned/leased facilities

- Project Sites

The Business We Write

Coverage
Capacity
Customers
Builder’s Risk
TIV < $200M
- Proprietary Builder’s risk coverage form
- Single Shot or MBR Reporting
- 100% of Risk

- Real estate developers
- Contractors and subcontractors
- Property owners
- Renovations (limited) & Rehabilitation
- Related Property (Building, BPP, BI)
- New construction

Contractor’s Equipment
- Scheduled, Blanket, Rented/Leased
- Capacity to write tougher classes of business (i.e. Cranes, water borne exposures)
- National Equipment Registry Deductible Waiver available

Other Products that can accompany:
- Motor Truck Cargo/Auto Physical Damage
- Related Property (Building, BPP, BI)
- Installation
- Fine Arts
- Ocean Cargo Transit
- Warehouseman’s

- Street & Road Paving
- Excavating & Land Clearing
- General & Commercial Contractors
- Equipment Rental or Dealers
- Related Property (Building, BPP, BI)

Coverage
Capacity
Customers
Builder’s Risk
- Up to CAD $200M
- 100% of Project or Quota Share offered
- Non-combustible Fire Resistive Projects. Limited appetite / capacity for Frame / Mixed Construction
- Installation / Contractors Equipment Floaters
- Project or Blanket Allianz COC Wording

- Low to Medium Complexity Projects
- Commercial: office buildings, Mixed-use low-rise buildings, Warehousing, Shopping Strip/Malls
- Institutional: Hospitals, Universities, Schools
- Residential and Habitational projects up to 10 stories high
- Light industrial and Manufacturing facilities
- Civil infrastructure such as: Road paving, Highways and Sidewalks

Contractor’s Equipment
- “Best in class” forestry with muskeg capabilities
- Limit any on item CAD $7.5M, aggregate CAD $50M
- Contractors equipment floater including business interruption
- Project Cargo capabilities
- Floaters
- $15M

- Street & Road Paving
- Commercial GC
- Excavating & Land Clearing
- Bridge, Highway & General Construction
- Equipment Rental or Dealers
- Logging Contractors

The Business We Write

Coverage
Capacity
Customers
Excess
- Up to USD $25M Limits    
- Admitted Coverage in Most States    
- $10M Minimum Attachment point    
- Practice Policies (Revenue >$200M)    
- Wrap-up and Project Policies (any Construction Value)

Segments:    

- Commercial and Industrial
- General Contractors    
- Heavy Civil Contractors    
- Trade Contractors  

Appetite Preferred:    

- Commercial and Industrial Building    
- Architects & Engineers Excluding Professional
- Large Scale Projects with Highly Skilled Labor    
- Trades    
- Interior Building / Fit-Out    
- Drywall    
- Electrical    
- Finish Carpentry    
- Concrete    
- Site Prep / Excavation / Grading    
- HVAC / Plumbing    
- Water / Sewer  

Limited: 

- Street & Road    
- Bridge, Tunnel and Dam    
- Residential – Commercial Grade Apartments “for-rent”     outside of High Hazard   Construction Defect States    
- Fireproofing / Waterproofing

Restricted:    

- Environmental / Abatement /     Remediation    
- Airport Runway    
- EIFS / Stucco    
- Wood Frame    
- Roofers    
- “for sale” Residential
- Any other Residential inside High Hazard Construction Defect States    
- Railroad    
- Demolition

Coverage
Capacity
Customers
Primary  / Excess
- Up to $25M Limits    
- Primary or Excess    
- Capabilities;     Canadian projects     with hard costs of $100M or greater; Commercial,     Industrial and     Institutional Infrastructure focus;    
- Condo &/o     Residential     Construction (on an Excess Wrap-Up     placement basis only)
- Minimum Premium -     $50,000

Commercial Construction:    

- Practice and Project
- Policies General Building Contractors
- Interior Trade Contractors    
- Power & Utilities    
- Heavy Civil Projects    
- Heavy Industry    
- Institutional Projects

The Business We Write

Coverage
Capacity
Customers
Renewable Energy
- Up  to USD $200M Limits           - Commitment to support  the growth of the renewable energy sector    
- Specialized expertise in renewables construction,     specifically:    
- Wind    
- Solar Photovoltaic (PV)    
- Battery Energy Storage Systems (BESS)

- Robust appetite for Wind, Solar Photovoltaic (PV)  and Battery Energy     Storage System     (BESS) projects     construction

Coverage
Capacity
Customers
Renewable Energy
- Up to CAD $200M Limits                                     - Commitment to support  the growth of the renewable energy sector    
- Specialized expertise in renewables construction,     specifically:    
- Wind    
- Solar photovoltaic (PV)    
- Battery Energy Storage Systems (BESS)

- Robust appetite for Wind, Solar Photovoltaic (PV)  and Battery Energy     Storage System     (BESS) projects     construction

The Business We Write

Coverage
Capacity
Customers
Physical Damage (PD) / Delay in start up (DSU)
Capacity up to USD $105M for combined PD+DSU

Appetite consists of wide cross section of industries and risk types including but not limited to:

- Infrastructure (bridges, tunnels, etc)
- Steel Mills
- Battery Storage facilities
- LNG Facilities
- Manufacturing / Processing
- Power Generation (Fossil Fuel, Wind, Solar, Hydro, Nuclear, etc)
- Chemical facilities
- Oil and Gas projects Paper and Pulp,
Water Treatment Plants, etc.
- Cover can be placed for large projects as well as single shipments of critical items such as tunnel boring machines (TBMs), transformers, etc.

Coverage
Capacity
Customers
Physical Damage (PD) / Delay in start up (DSU)
Capacity up to USD $105M for combined PD+DSU

Appetite consists of wide cross section of industries and risk types including but not limited to:

- Infrastructure (bridges, tunnels, etc)
- Steel Mills
- Battery Storage facilities
- LNG Facilities
- Manufacturing / Processing
- Power Generation (Wind, Solar, Hydro, Nuclear, etc)
- Chemical facilities
- Oil and Gas projects Paper and Pulp,
Water Treatment Plants, etc.
- Cover can be placed for large projects as well as single shipments of critical items such as tunnel boring machines (TBMs).

Product US

Text

The Business We Write

Coverage
Capacity
Customers
Broad surety solutions including:

- Performance andPayment Bonds
- Supply/Supply and InstallBonds
- License, Permit and Miscellaneous Obligations
- Maintenance Bonds
- Surety programs in the $50M range and above
- Capacity is credit based
- Underwriters consider financial metrics and qualitative considerations to determine program parameters

- Regional and Middle Market Contractors
- National Construction Firms
- International Conglomerates
- EPC Firms
- Developers
- Builders
- General Contractors
- Construction Managers
- Heavy Civil Construction Companies
- Utility and Underground Constructors
- Subcontractors and Specialty Trade Contractors

Coverage
Capacity
Customers
Broad surety solutions including:

- Performance and Payment Bonds
- Supply/Supply and Install Bonds
- License, Permit and Miscellaneous Obligations
- Maintenance Bonds
- Surety programs in the $50M range and above
- Capacity is credit based
- Underwriters consider financial metrics and qualitative considerations to determine program parameters

- Regional and Middle Market Contractors
- National Construction Firms
- International Conglomerates
- EPC Firms
- Developers
- Builders
- General Contractors
- Construction Managers
- Heavy Civil Construction Companies
- Utility and Underground Constructors
- Subcontractors and Specialty Trade Contractors

Why Allianz Commercial

At Allianz we recognize and understand the unique challenges you and your business face. And as a leading global corporate insurance carrier, we have the network and expertise to help. Find out why we’re best placed to help with Construction insurance solutions.

Looking up at dark modern office blocks
Industry Leading Capacity
With market-leading capacity, Allianz is positioned to support some of the largest domestic and international projects. We’re capable of offering insurance solutions for every aspect of a project from design through the operational phase.
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Highly Experienced Underwriters
Allianz underwriting professionals possess the knowledge and skills to create flexible solutions to address the challenges brokers and their clients face.
A male working in an office looking at his computer screen in thought
Global Industry Solutions
We support the construction industry with tailored solutions across all Allianz offerings. From a standalone cover for a single risk, to the largest multi-location international program, Allianz Commercial provides exemplary service and insight. Our teams are located around the world, combining local service with global reach.
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Customer-Focused Leadership Team
Choosing Allianz means partnering with a team of leaders who prioritize your unique needs. From navigating the complexities of large construction risks, to managing environmental exposures, our customer-centric professionals are dedicated to being your primary contact for your construction insurance needs.
Alternative Risk Transfer Capabilities (ART)
Our Alternative Risk Transfer capabilities provide programs designed to help clients manage volatility, share in risk, and benefit from risk financing or profit-sharing arrangements. These solutions provide greater flexibility and control over risk management, ensuring that clients can confidently navigate the financial aspects of their projects.
Risk Consulting and Engineering Services
We provide a comprehensive suite of services aimed at minimizing risks and enhancing safety and efficiency. Clients can utilize services like risk assessments, project reviews, and site inspections to identify potential hazards and implement preventive measures.
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Claims: Industry Leading Expertise
Our highly experienced engineering claims team is renowned for its swift and effective claims handling across the globe. Leveraging a robust global network of contacts and local support teams, we ensure responsive and efficient service, providing clients with the assurance and expertise needed to manage claims seamlessly worldwide.

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