Infrastructure Risk Protection

ProjectShield™

Proposed project-specific programmes for infrastructure, energy and industrial developments.

Request a quotationSubject to underwriting
Product overview

Coverage description

Construction all risks, delay in start-up and transition into operational cover, structured per project.

Eligible industries
Developers and sponsorsEPC contractorsProject lendersEnergy producers

Covered risks

  • Physical damage during works
  • Delay following insured damage
  • Testing and commissioning
  • Third-party liability

Policy exclusions

  • Design defects beyond agreed extensions
  • War, invasion and nuclear risks unless specifically agreed
  • Wilful misconduct or fraud by the insured
  • Gradual deterioration, wear and tear, inherent vice
  • Sanctioned parties, goods or jurisdictions
  • Losses outside the agreed territorial scope

Underwriting requirements

  • Completed proposal form and declared values
  • Independent valuation or certification where relevant
  • Security, storage and transit protocols
  • Loss history for the last five years
  • KYC, sanctions and beneficial ownership checks
  • Project schedule, contracts and engineering reports

Claims procedure

  1. 01Notify Renfield as soon as reasonably possible after discovery
  2. 02Take reasonable steps to prevent further loss and preserve evidence
  3. 03Provide the documentation requested by the claims team
  4. 04Cooperate with any appointed loss adjuster
  5. 05Assessment and any settlement follow the policy terms and insurer approval
Subject to underwriting

All products are proposed or available subject to underwriting approval, applicable licensing and confirmation of insurer capacity. Nothing on this site constitutes an offer of insurance or guaranteed coverage.