One significant growth factor for the engineering insurance market is the escalating complexity and scale of construction projects worldwide. As infrastructures expand and technological advancements ...
Every engineering project, whether a bridge, a power plant, or even a small manufacturing unit, comes with significant investments and many unknowns. Imagine this: a crane breaks down mid-installation ...
Fire and engineering insurance is essential for businesses, offering protection against risks like property damage, loss, or liability due to fire, accidents, or engineering mishaps. Industries such ...
The Philippine Machinery Management Services Corp. (PMMSC) or also known as ‘the “MacPool”) is an insurance pool that is dedicated to offering Construction and Engineering Insurance. This insurance ...
Welcome to Insurance Age’s Construction and Engineering Product Hub. This page hosts all of our construction and engineering product news and insight to help the market keep abreast of latest ...
In 2025, Indian firms may face higher premiums for fire and engineering insurance covers as reinsurers are likely to revise rates due to rising claims from catastrophic events and higher loss ratios, ...