Placements and cover can extend from just one building to an entire group of structures. It can also safeguard supplies and materials. In the unfortunate event that your project suffers a setback, a Construction policy helps you get back on track with minimal disruption.
However, it is important to select an intermediary with the specialist skills, knowledge and experience to understand and evaluate all your projects risks and advise you accordingly on the level of cover required. In this respect, Aon Benfield Fac delivers we deliver peace of mind, so that you can deliver to your clients.
Aon Benfield Fac provides workable solutions and a range of options to address coverage issues in all construction classes. Our Construction specialists ensure that your project is supported by the highest quality capital, sourced from the leading global markets. The team has vast reinsurance expertise, which has been accumulated through placing fac programs for a diverse scope of projects throughout the world.
Placements are always tailored to your specific capacity requirements: whether it is a traditional quota share program, a non-proportional layer, reinsurance of a captive or an innovative customized facility that insures a multitude of projects over a multi-year period, Aon Benfield Fac has the resources to deliver. We are able to undertake placements of any scale: from multi-billion dollar multi-year programs, to niche, short-term projects. In all cases, we are able to execute the best terms and conditions for our clients: