Keeping in Touch – May 2020 – Project Insurance

Assurances Évolution | Uncategorized

As we cautiously venture into the “new” normal and Construction Projects are on the rise, Evolution’s expertise is at your disposal to cover your Insured’s projects.  

Choose the Program you need for your Project Insurance Risk

Wrap-Up Insurance
  • $100M In-house Capacity
  • No General Liability Aggregate
  • Sudden and Accidental Pollution offered at the full policy limit
  • Broad Coverage
Project Specific E&O
  • Limits up to $10M primary or excess
  • Multi-Year Project Professional Liability Insurance
  • For most type of projects
  • Coverage for all professionals involved in the project
  • Retroactive coverage to First Design as well as flexibility regarding the extended reporting period length or other specific requirement. 

Evolution Insurance also offers Professional Liability policies for Contractors and all Construction related Professionals.

Builder’s Risk Insurance
  • In-house capacity of over $5M on wood frame and $15M on fire resistive.
  • Additional capacity available through our markets.
  • Project limit can be reviewed as needed
  • Builder’s Risk Insurance will cover damage up to the policy limit, which will reflect the total value of the structure, including material and labor cost. 

To ensure complete coverage, Evolution offers Builder’s Risk, Boiler, Wrap-Up Insurance and Project Specific Professional Liability.

Have questions or comments? Feel free to contact us!