Engineering
Allianz Global Corporate & Specialty provides insurance and risk management solutions across the whole spectrum of engineering business.
We accompany our clients. New investment, managing projects, maintaining plant operations or building structures, clients all over the world can expect the full range of our insurance and risk management services for their engineering business.
The market
Investment in infrastructure, building & construction and industrial development is on the rise. There is a tremendous demand for projects in emerging markets, and in addition to that, established economies recognize a huge need to improve and replace old facilities. New development and restructuring are capital-intensive for all parties involved - whether principals, contractors, investors or shareholders, to name but a few.
One of our key strength is helping risk managers balance out the risks that accompany capital-intensive investments. However, we deliver specialist solutions across the board for insurance and risk management.
Dedicated expertise
Allianz Global Corporate and Specialty Engineering is organized as a worldwide team. Our engineers and insurance experts are highly experienced and located throughout the world. Underwriting teams consist of experienced underwriters and loss control engineers. Each member of our teams has a stake in accounting for their special clients.
We work in a pronounced international network. To generate and maintain our highly developed knowledge, our experts share their experience all over the world. These international expert teams are dedicated to different kinds of engineering business and industry types. Each team member has considerable experience in his dedicated field of activity. Underwriting teams and expert teams are closely linked. Seasoned professionals connected with a high-tech driven approach ensure that we can deliver the solution to our clients. "The right place for the right people" is one of our pillars for keeping our global teams successful on a sustained basis
Products and Solutions
We offer a wide range of products which can be tailored to the specific needs of each individual client or type of industry:
- Contractors all risks (CAR)
- Erection all risks (EAR)
- Contractors plant and equipment (CPE)
- Builders risks
- Machinery Breakdown (MB)
- Electronic Equipment / Electronic systems insurance (ESI Net)
- Inherent defects insurance (IDI)
- Business Interruption (BI) / Delay in start-up (DSU) / Advanced loss of profit (ALoP)
Claims and risk service
Our Risk Service teams offer consolidated expertise and practical know-how. Their services enhance customers' competitive advantage by controlling risk before losses can occur and by analyzing and promoting best practice across the industry.
Our claims departments are working closely with our loss engineers. These highly experienced teams work within a global network, offer valuable support to our clients once a claim occured and guarantee a timley and high quality claims handling of our clients losses.
Contact us
For more information, please contact your local Allianz company. We're looking forward to talking with you.