Construction & Surety Insurance
Our range of innovative policies extends to include Contractors All Risks, Performance Bonds and Bid Bonds insurance products.
Sovereign Insurance Services and our partners have particular experience and expertise in the comprehensive insurance programmes required for any form of construction project. That experience includes everything from Nuclear Power Stations for Government and Corporate clients through upstream and downstream energy projects, bridges & tunnels and shipbuilding to simple new house builds for the private client.
Sovereign Insurance Services are also able to access specialist markets that can provide the bid bonds and performance bond requirements associated with the construction industry. Latent Defect coverage is also a speciality insurance product available for new buildings. SIS led the way in the Gibraltar insurance market providing insurance backed performance bonds for the local construction industry when only bank guarantees were available previously.