Over 35 years of experience
Infrastructure construction insurance is a dedicated policy for infrastructure works intended for projects involving earthworks, development works, road and transportation infrastructure construction, water and sewage infrastructure construction, electricity and communication infrastructure, energy infrastructure, and more. The insurance provides coverage in 3 areas - property damage, third-party claims, and employers' liability.
Infrastructure projects are mostly commissioned by public and institutional bodies and subject to strict tender conditions based on stringent requirements. Itzick Simon Insurance Agency has experience of more than 35 years in preparing contractors insurance for infrastructure works based on three pillars - full response to tender requirements, comprehensive insurance coverage against scenarios and risks, and of course accompanying the insured when needed.
Infrastructure construction insurance for construction companies and building contractors
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Professionalism in infrastructure insurance - that's the name of the game!
The agency employs a full-time civil engineer who is also a licensed insurance agent, adding an important layer of knowledge that combines insurance issues with engineering aspects. This important function provides a broad level of risk awareness on the one hand and protection against future claims with the right solution on the other.
We are familiar with the differences between projects and act in accordance with the special risks of each one. For example, we are aware that the risks faced by the contractor in the context of performing earthworks and construction infrastructure are not necessarily the same as the risks to which he is exposed when constructing water lines or power line infrastructure.
The agency takes part in some of the largest and most important projects in Israel, such as the Tower of David preservation project in Jerusalem, road construction, peripheral infrastructure work for the construction of railway lines, drilling for railway infrastructure, construction of power plants, and more. We offer contractor work insurance for infrastructure work of any size.
Why take out infrastructure insurance with us?
We have more than 35 years of experience in construction insurance in general and infrastructure insurance in particular. The contractor's policy is tailored to your needs, risk analysis, and tender requirements (including strict and challenging requirements).
We allow you to go to work with peace of mind and adequate insurance coverage. The agency specializes in infrastructure insurance for development works, energy infrastructure insurance, road and transportation insurance, road and rail infrastructure insurance, and more.
Earthworks and infrastructure insurance
Earthworks and infrastructure insurance is intended for various projects, ranging from infrastructure and development work to the construction of residential buildings in the private sector and/or urban renewal, to the establishment of neighborhoods, the establishment of new settlements, integrated public infrastructure, roads and highways, retaining walls and acoustic walls, and more.
We have specialized for over 30 years in arranging infrastructure insurance for earthworks and infrastructure projects and have been assisting clients in the field for decades.
Road construction, bridge and interchange insurance
Insurance for the construction of infrastructure in the transportation sector requires quality insurance solutions for projects to build bridges, roads, tunnels and interchanges. These are large-scale and high-risk projects. Among other things, given that they are carried out in large areas and sometimes adjacent to crowded spaces, populated buildings, busy transportation routes, and the like.
We provide an infrastructure construction insurance solution for projects based on extensive knowledge and experience that enables compliance with the terms of the issued tender and with strict requirements placed by public and institutional bodies such as government ministries, local authorities, the Israeli Construction and Development Authority, Israeli and international companies, etc.
Water and sewage infrastructure insurance
Projects to build water and sewage infrastructure frequently face complex challenges such as working in dense urban areas, working underground, excavations and drilling on transportation routes, exposing workers to toxic substances, and more.
For about 30 years, the Itzick Simon Insurance Agency has been providing a solution to this with high-quality and professional solutions for water and sewage infrastructure work insurance for a variety of projects of various sizes. This, by the way, while accompanying the client before, during, and after the project work is carried out.
Electrical and communications infrastructure insurance
The Itzick Simon Insurance Agency provides a comprehensive and broad response to insure infrastructure works for projects in the electricity and communications sectors.
We are well versed in the changing nuances that characterize the electricity, communications and cellular infrastructures in Israel and adapt the policy to the client's needs, the requirements of the client, the terms of the tender and the appropriate insurance coverage.
As part of its activities, the agency specializes in accompanying contractors and entrepreneurs from the tender stage through the execution period and after the successful completion of work to establish communication and Internet lines, insurance for the establishment of Internet infrastructures, and more.
Energy infrastructure and solar field insurance
The energy sector in Israel is changing at a rapid pace and poses countless opportunities and challenges in the fields of traditional and renewable energy, often involving collaborations between Israeli companies and international players.
Insurance for the construction of energy infrastructure is a fundamental element of the process and its preparation requires great professionalism. Whether it is insurance for the construction of traditional power plants or insurance for the construction of renewable energy projects, such as the construction of gas-based power plants or the construction of solar power plants, etc.
Throughout its decades of activity, the Itzik Simon Insurance Agency has accompanied significant projects in the field and insured contracting work for the construction of power plants by Israeli companies (with or without) international collaborations.
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