Worldwide Installation Insurance

As specialist insurers of both marine and engineering risks, we’ve designed an innovative worldwide installation product to provide seamless cover for international projects involving the sourcing, distribution and installation of machinery, including testing and commissioning.

The policy combines import, export and installation covers for suppliers and installers of machinery and electronic equipment.

Every contract, movement and installation presents a unique combination of risks relating to the nature of the equipment, the destination and the method of transportation.

Tailor-Made Cover

We work closely with our partners to identify exactly the cover that clients require, issuing a policy that is tailor-made to their needs.

Like a stock throughput policy, our worldwide installation policy covers

  • goods, including components and raw materials, from source through to distribution, including static exposures at manufacturing, processing or storage premises,

but then goes on to also cover

  • the installation of individual items of machinery or complete factory lines on an “all risks” basis, including
    • testing and commissioning for new machinery,
    • up to 12 months’ maintenance period following installation, and
    • defects (DE4) cover,

all as standard.

Extensions

We can also cover

  • temporary storage at third party premises prior to installation, even overseas,
  • own and hired-in plant and equipment, and
  • engineers tools and spare parts
  • terrorism

For more information, contact your local NMU office.


17/11/17

News: NMU Scores Four in a Row and Adds Two More For Show!

NMU wins prestigious award for fourth year running – and wins two more categories as well! Every... read more

13/11/17

News: War & Strikes Updates | 13th November 2017

Our War and Strikes risk update for 13th November is now online and can be found by... read more

07/11/17

News: NMU Renew Masterclass Sponsorship Deal

Insurance professionals learn how to achieve a competitive edge from sporting and business ‘elite’ at first series... read more