Public Private Partnerships

Overview: 

Contractors, property developers and principals taking advantage of public private partnership (PPP) projects need protection through a comprehensive insurance solution.  ACE’s expertise and the experience of its underwriters, risk engineers and claims team in this area ensures companies' protection needs are met.

Product Highlights:

• The comprehensive nature of our PPP cover means that clients avoid gaps in coverage
• Our bespoke lenders clause gives maximum protection to financiers and lenders whilst complying fully with government PPP directives
• ACE provides a range of covers which may be difficult for competitors to offer, such as environmental impairment/pollution covers for both the construction and operational phases

Cover:

ACE provides risk management advice and insurance cover for the whole construction phase of the PPP process, from construction through commissioning and handover and on to the resultant operational risks.

The standard cover includes the following:

• Contract works
• Delay in start up
• Environmental
• Marine
• Public liability