
Engineering Insurance
Pioneer Insurance PLC is your trusted partner for a wide range of commercial and specialty insurance solutions tailored to your unique risks.
Engineering Insurance
Explore the Engineering Insurance Coverage

Boiler and Pressure Vessels (BPV) Insurance
Boilers, steam apparatus and other pressure vessels may be insured on its own through the Boiler Explosion policy. A boiler stores up substantial energy, which on being released by explosion, can cause extensive damage and sometimes bodily injury.

Contractors All Risks Insurance (CAR)
This type of coverage provides protection for the contractor against loss or damage to the works, plant, and equipment during the construction period and also third-party liabilities arising out of the works. Contractors All Risks insurance can comprise cover for public and employers liability, own plant, contract works, hired-in plant and employee’s tools. The key part of the contractors all risks insurance is the contract works section that offers cover for the value of the materials and property being used on a project.

Contractors Plant and Machinery (CPM) Insurance
The items (or any part thereof) entered in the Schedule, whilst at the location or in the geographical area mentioned therein, suffer any unforeseen and sudden physical loss or damage from any cause not specifically excluded in a manner necessitating repair or replacement.

Deterioration of Stock (DOS) Insurance
The Insurers agree with the Insured that, if at any time during the period of insurance stated in the Schedule — or during any subsequent renewal period for which the Insured pays and the Insurers accept the premium — the goods specified in the Schedule suffer loss or damage caused by deterioration due to any unforeseen and sudden physical loss or damage to the machinery listed under this Policy, and such machinery damage is indemnifiable under a valid Machinery Breakdown Policy,

Energy Risks Insurance (Offshore & Onshore)
Energy risk insurance covers a wide range of risks associated with the energy industry, both onshore and offshore. It includes damage to assets like power plants, pipelines, and oil rigs, as well as liability for accidents and injuries, and losses due to unforeseen circumstances.

Electrical Equipment Insurance (EEI)
This is a type of insurance that provides financial protection for businesses that use and operate electrical equipment. It can help protect against loss or damage caused by faults, malfunctions or breakdowns to the electrical equipment.

Erection All Risks (EAR) Insurance
The Insurer hereby agree with the Insured that if at any time during the period of cover the items or any part thereof entered in the Schedule shall suffer any unforeseen and sudden physical loss or damage from any cause, other than those specifically

Machinery Breakdown Insurance (MBD)
Machinery Breakdown Insurance offers you financial protection in case your machine suffers accidental, electrical and machinery breakdown requiring repairs and/or replacement. Machinery Breakdown Insurance covers all types of Industrial equipment like Turbines, Compressors, Generators, Transformers, Rectifiers, Electric Motors, Diesel Engines, Pumps, Wind Mills, etc.

Lift, Escalator and Hoisting Equipment Insurance
The elevator insurance policy covers the civil liability of the insured in the event of a sudden accident resulting in physical or material damage that may be caused to the users of the electric (elevator / ladder / walker) whose data is shown in the policy schedule, during the insurance period.

Machinery Loss of profit Insurance (MLOPI)
For all loss of profits from damage to the machinery, compensation for standing charges, profit loss etc., complementary to existing Machinery Insurance.

Why Choose Us?
Reinsured with world-rated reinsurers
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20+ Years of Experience
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24/7 Support Available
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