What is Engineering Insurance?
Engineering insurance protects businesses against the financial consequences of breakdown, failure or damage to equipment and machinery. For businesses relying on specialized or expensive equipment, breakdown can mean costly repairs, emergency contractors, and lost production—potentially devastating your bottom line.
Our engineering insurance provides comprehensive coverage for the cost of repairs or replacement, as well as loss of income during the breakdown period. Many policies also include regular inspection and maintenance as part of the cover, helping you prevent breakdowns before they happen while protecting you against unexpected costs.
What's Covered
- Equipment breakdown: Cost of repairing or replacing damaged machinery and plant
- Loss of production: Income lost while equipment is being repaired or replaced
- Emergency repairs: Costs of expedited repairs and emergency contractors
- Inspection services: Regular safety and compliance inspections as part of cover
- Statutory compliance: Help maintaining required inspections and regulatory compliance
Comprehensive Equipment Coverage & Support
Engineering insurance can cover various types of equipment and plant. We work with you to ensure your specific equipment needs are covered with appropriate limits and terms. Whether you operate manufacturing machinery, lift and heating systems, boilers, or renewable energy equipment, we can structure coverage that protects your operational assets.
Many engineering policies also include regular preventive inspections—helping you identify potential issues before they become expensive breakdowns. This proactive approach not only protects your assets but can also reduce downtime, extend equipment life, and save on overall maintenance costs while ensuring statutory compliance.
What's Not Covered
Wear and tear: Normal aging, gradual deterioration, or routine maintenance items
Lack of maintenance: Damage from neglect or failure to perform routine upkeep
Consequential losses: Losses beyond direct equipment damage, unless specifically covered
Pre-existing defects: Known faults or damage present before the policy inception date
Specialist Engineering Coverage Options
Engineering insurance provides flexible coverage options tailored to your specific equipment and operational needs. We work with specialist insurers to design policies that protect your critical assets while managing your overall insurance costs.
Our coverage options include mechanical breakdown protection for sudden and unforeseen equipment failure, electrical damage coverage for power systems and equipment, comprehensive sudden and unforeseen damage coverage, specialist inspection services with preventive maintenance schedules, and plant hire cover if you need to rent replacement equipment during repairs. We can also structure business interruption coverage to protect your income if equipment breakdown disrupts operations. Whether you need single-item coverage or comprehensive multi-equipment protection, we ensure your policy matches your risk profile and operational requirements.
Asset Types We Cover
We protect a wide range of industrial and building equipment. Each asset type has unique risks and insurance requirements that we tailor to your specific operations.
Assets We Protect
Manufacturing Equipment
Protection for machinery, presses, conveyors, production equipment and related plant with loss of production coverage.
Plant & Machinery
Coverage for heavy plant, construction equipment, forklifts, and specialized machinery with comprehensive breakdown protection and emergency support.
Lift & Heating Systems
Protection for lifts, elevators, heating systems, and HVAC equipment with statutory testing, inspections, and safety compliance support.
Renewable Energy & Boilers
Protection for renewable energy systems, solar panels, wind turbines, boilers, and pressure vessels with specialist inspection schedules.
Risk Management & Maintenance Programmes
Expert risk assessment and maintenance programmes are central to effective engineering insurance. Our specialists conduct thorough site evaluations to identify equipment vulnerabilities, assess your operational risks, and develop customized maintenance schedules that prevent breakdowns before they happen.
Our engineering insurance includes regular periodic inspections by qualified engineers, tailored maintenance programmes adapted to your specific equipment and operations, and comprehensive compliance support with industry regulations and statutory requirements. We help you identify risk factors early, implement proactive maintenance strategies, and maintain the necessary certifications and documentation for regulatory compliance. By combining expert risk assessment with comprehensive financial protection and preventive maintenance support, we help you keep your equipment running reliably while protecting your business against unexpected breakdown costs.