Oval Construction Insurance Brochure

8/13/2019 Oval Construction Insurance Brochure

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Oval Construction

Insurance solutions builtaround your business

Insight. Service. Performance.


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Specialist risk andinsurance solutions forthe construction sector

The UK construction industry is worth over 90 billion,

employs over 2 million people and accounts for 7% ofall jobs in the country as well as 8% of GDP 1. Whetheryoure an owner, developer, contractor, project manager,

consultant or a financier working in residential, commercial,infrastructure or public works, youll know construction isa key engine room of the economy. Operationally, you still

have to tackle familiar issues and equally thorny variables:from planning, procurement and resourcing to regulatorychange and Health & Safety. It all comes back to risk and

risk identification, analysis and mitigation is our business.

Oval Insurance Broking (Oval) is one of the UKs leading

specialist brokers for the construction sector. Such capabilityand commitment gives us the insight to help you simplifyand rationalise your construction insurance policies

innovatively, cost effectively and with a careful eye on yourbottom line. With on-tap expertise from people experiencedin your sector, we take the time to understand what makes

your business tick at the deep level of detail you demand.

At Oval, we go further to tailor innovative risk andinsurance solutions that fit every contour of your business.

Value and high performance, plus a core focus on serviceand relationship development underpin all that we do. Wework with leading specialist underwriters to offer bespoke

construction insurance policies that fill gaps and anticipateemerging industry risks ensuring the cover you demand isthere when you need it.

Welcome to Oval Construction:insurance that puts your business on

a firmer footing

Significant risk is a permanent given in construction. Mitigating that risk reliably and cost effectivelyis key to your future success. Thats why its good to know you can rely on a specialist insurancebroking partner who speaks your language.

A leading UK insurance broker, we have the

practical and intellectual expertise that has madeus the insurance broking partner of choice forconstruction firms nationwide. This enables us to

provide construction-specific, tailor-made risk transferprogrammes that identify liabilities, cut costs, quantifyrisk and mitigate losses across the following areas:

Property development, housing and commercialconstruction

Public-Private Partnership (PPP) Initiative andsingle projects High hazard work; including rail, wet civils,

scaffolding, demolition, roofing, rope access andtunnelling

Civil engineering, plant hire and labour supply

Site clearance, waste disposal, site remediation,piling and ground stabilisation

Ground work, formwork and reinforced concrete

frames Mechanical, electrical, heating, ventilation and

air conditioning

Owner controlled insurance programmes

1House of Commons Library: Construction Overview (Lucinda Maer) March 2012


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www.theovalgroup.com

Intelligent insurance solutionsengineered for your business

Youll find all the construction risk management solutionsand services you need to help build your business for the

future. Our approach is geared around a strong service ethicand focused on the key risk management valuesyou demand.

A safe pair of hands:a partner you can trust, backed byexperience, commitment and a proven track record

Entrepreneurial attitude:working with leadingspecialist construction insurers, we proactively developbespoke covers and policies that address the emerging

risks you face for instance environmental, PPP andcorporate manslaughter liabilities

Innovation that drives value for money:strong skillsin risk identification and analysis mean we precisely tailor

policies that fit every contour of your business and fill thegaps others may leave behind

Partnership approach:a total commitment tounderstanding your business sits behind our long-standing client relationships

Fast, expert problem solving:were proud of ourreputation and we are committed to providing a quickresponse that makes the most of our wider risk and

insurance expertiseExpert claims handling:we dont outsource claims

handling thats why youll always receive a prompt,

no-hassle service from our expert, in-house and UK-basedclaims handlers

Client benchmarking that drives best practice:

working with a diverse range of construction businesses,we analyse the trends then share and apply our learning

Competitively priced quotes, services and deals:our lean business model keeps our structure flat andoverheads down, enabling us to pass premiumsavings directly onto you

Let us take the risk management strain

With years of experience working in the construction sector,many of our insurance policies are unique to Oval and offerextra features rarely found elsewhere. Typical risk categories

we cover include:

Public and Products Liability, Employers Liability andNon-Negligent Liability

Professional Indemnity

Contract Works/Contractors All Risks insurance Owned and Hired in Plant Environmental Impairment Liability

Health & Safety Delay in Start-Up (DSU) insurance Latent Defects

Trade Credit Performance Bonds

Business Continuity and Supply Chain Management Fleet Risk Management and Driver Training


Oval is in the vanguard of the construction insurancesector. We are respected partners and advisors for industrystakeholders and associations, helping to drive best practice

and innovation. Above all, we employ quality people, ableto offer advice and who blend the creative, technical andlistening skills essential to delivering the exceptional levels

of insight, innovation and performance you demand.

Importantly, we keep workloads manageable so our people

have the time and scope to listen, understand and deliverthe solutions and high service standards you expect.


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Oval Insurance Broking LimitedRegistered Office:9 South Parade,

Wakefield, WF1 1LR

Registered in England No: 01195184

Authorised and regulated by theFinancial Conduct Authority.

www.theovalgroup.com


About Oval Insurance Broking

With offices across the UK, Oval Insurance Broking (Oval) isthe specialist insurance and advisory partner of choice forthousands of organisations and individuals across a range of

disciplines and industry sectors.

From general insurance to sector-specific requirements, the

strength of Oval lies in designing bespoke, dynamic andcompetitive risk solutions that fit your needs. Our insuranceand risk specialists take the time to understand those needs,

simplifying risk to deliver a consistently innovative, highstandard and high performance service that adds value,capability, agility and a competitive edge to your business.

For more information, visit us at www.theovalgroup.com

Would you like to talk?

If you have any questions or would like to explore how you

can make your insurance work harder for your organisation,were here to help.

Call: 0800 612 6223

Or email: [email protected]

Documents

Oval Construction Insurance Brochure