MIRABILIS offers a fully comprehensive range of Engineering Insurance Products as follows:
- Contractors' All Risks Insurance (CAR)
- Engineering Project Insurance Cover (EPIC)
- Advance Loss of Profits Insurance (ALOP)
- Contractors' Plant and Equipment Insurance (CPE) / Plant All Risks Insurance (PAR)
- Machinery Breakdown Insurance (MB)
- Loss of Profits following Machinery Breakdown Insurance (MLOP)
- Deterioration of Stock Insurance (DOS)
- Electronic Equipment Insurance (EEI)
- Business Interruption following Electronic Equipment Insurance (EEI BI)
- Civil Engineering Completed Risks (CECR) Insurance
- Seamless Project Insurance
Seamless Project Insurance
Increasingly, large projects require comprehensive insurance cover. An inherent problem is that distinct individual policies issued by possibly different insurance companies will result in gaps in cover and disputes as to which insurer's policy will respond to some events. This policy was designed to eliminate these problems.
This unique product is the result of collaboration between Mirabilis, Emerald, SHA, Associated Marine (AMUA), Travel Insurance Consultants (TIC) and Santam Bonds and Guarantees (as complement), to provide a Seamless "cradle to operational" policy wording, combining the expertise of these specific specialist underwriting managers (UMAs) into one insurance policy.
Mirabilis will be the point of contact for this product at both quoting and claims stages.
The policy incorporates the following cover:
- Project Professional Indemnity
- Marine and Marine Loss of Profits
- Contractors' All Risks
- Advance Loss of Profits
- Contractors' Plant and Equipment Insurance
- Assets/Operational and Business Interruption
- Riot Wrap Around
- Travel Insurance
Cover is defined in the various policy sections and is designed to provide seamless cover for the project from inception of the marine voyage to operational cover.