Water and Sewage Infrastructure Development Insurance for Contractors and Construction Companies – 35 Years of Experience
Water and sewage infrastructure development insurance is contractors' work insurance intended for complex projects such as burying water and sewage pipes, renovating existing infrastructure in the heart of urban space, establishing infrastructure in new neighborhoods and more. The insurance must be based on a quality policy that includes a complete package of property insurance, third-party insurance and employers' liability insurance.
Arranging insurance for water and sewage infrastructure development is done with us through close accompaniment of a building engineer working within the agency. A function which, together with seniority of over 3 decades, provides a broad and deep view of the project with all its risks, challenges and remediation points. We ensure that policies are arranged after a thorough survey and examination of all risks relevant to the project.
Road construction, bridge and interchange insurance
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Our Advantages
Itzhak Simon Agency specializes in obtaining contractors' work insurance that meets the tender conditions of the client or clients. These are known to be meticulous tenders that include stringent requirements, and clients need a comprehensive solution that enables them to submit a bid, win it, and start working with peace of mind.
Road paving projects, interchange construction or bridge building are always an engineering challenge. The high scope of risks stems from the engineering complexity and the insurance must take this into account. Similarly, the proximity to active interfaces and especially working near transportation routes (usually busy ones) embodies countless risks that must be covered with adequate amounts and with minimal exclusions.
Contractors' Work Insurance for Road Paving and Interchanges
At Itzhak Simon Insurance Agency, we are meticulous about every detail in arranging contractors' work insurance for infrastructure development, particularly when dealing with transportation projects.
We address all considerations, perform thorough preliminary analyses, operate with complete transparency with the client and assist in reaching a policy that is a whole greater than the sum of its parts.
We offer a policy that both enables meeting tender conditions and provides appropriate coverage against various events. The agency specializes in various policies including road paving insurance, road infrastructure development insurance, interchange construction insurance and more.
Bridge Construction Insurance
Bridge construction insurance is a unique contractors' policy that is adapted to the high complexity (literally and figuratively) involved in bridge construction and interchange building.
At Itzhak Simon Insurance Agency, we offer our clients contractors' insurance according to a policy tailored to the entirety of risks and with close involvement of a senior building engineer working in the agency.
The combination of the aforementioned arms - between the engineering department here and the rich experience in the insurance field here (based on more than 30 years) - enables achieving optimal results. That is, bridge construction insurance that both meets tender requirements and provides broad insurance coverage.
Property insurance for contractors engaged in road and interchange construction
Contractors involved in paving roads and interchanges are well aware of the risks to property and the difficulties in meeting the strict tender conditions in the field. The main property damage that characterizes these projects naturally stems from natural disasters that can wreak havoc throughout the construction site.
These are costs that could escalate to huge amounts for the restoration of the construction site, handling of tools and equipment, and delays in schedules. Property damage must be covered by the policy, and at Itzik Simon Insurance Agency, we are strict on this issue, from minor to serious.
We offer property insurance for contractors engaged in road and interchange construction that is tightly worded and with adequate amounts. An all-risks insurance policy that covers heavy property damage at sites for the construction of interchanges, tunnels, roads, and more.
Third-party insurance for contractors engaged in the development and construction of roads, interchanges and tunnel excavation
Transportation projects are always conducted with interfaces that may cause damage to third parties, whether in the construction of a bridge in an urban area or in the construction of an interchange on a busy, main thoroughfare.
Third-party insurance for contractors engaged in road development and paving must take this into account with uncompromising standards, both in terms of adequate insurance amounts and in light of the characterization of weak points and their treatment.
At the Itzik Simon Insurance Agency, we specialize in this thanks to the drafting of meticulous, tight, and precise policies. Policies that are tailored to the client and the project risks with close supervision by a senior engineer working at the agency.
We provide solutions for various projects, including transportation tunnel mining insurance, communication tunnel mining insurance, third-party insurance for the construction of interchanges and bridges, and more.
Employers' liability insurance for contractors engaged in infrastructure development
Working in infrastructure poses quite a few risks to workers, beyond the well-known and obvious risks of the construction industry, an industry that, unfortunately, leads the list of fatal work accidents in Israel.
Employers' liability insurance for contractors engaged in infrastructure development must provide a broad solution with adequate amounts. Amounts that correspond with the risks and with the latest rulings in Israel, which are characterized by high compensation amounts and broad ranges of liability.
We address these aspects when drafting insurance policies for the construction of roads, tunnel excavation, interchange construction, bridge construction, etc.
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