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Property Engineered Risks
Specialty Markets is the source for meeting your property engineered and technical risk needs. The Property Engineered Risk team's mission is to serve our clients' property insurance and risk management needs with world-class resources and dedicated capacity as an integral part of the vast global resources of Munich Reinsurance America, Inc.
Our Clients
U.S.-based companies that retain a reasonable degree of risk and mitigate their exposures through effective risk management. Our services are accessed through commercial brokerage channels.
Our Capabilities
We support our clients’ risk transfer needs by offering:
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• Market stability to support long term risk transfer relationships
• Up to $200 million of quota share, primary, or excess capacity
• Admitted and non-admitted insurance products
• Specialized underwriting, loss control, and claims technical expertise interruption. |
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Our Focus
• Builder’s Risk
| | CAR (Construction All Risk) including delay in start-up coverage for building works such as offices, condominiums, hotels, hospitals, airports, casinos, and stadiums. Additionally, we underwrite civil works projects including dams, bridges, roads, airport runways, pipelines, tunnels, water treatment plants, and more. |
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| | EAR (Erection All Risk) including delay in start-up for all types of power plants, manufacturing plants, cement plants, chemical plants, pipelines, wind farms, transmission towers, and more. |
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| | If it can be built, we can insure it. |
• Operational
| | All Risk including business interruption coverage for power generation plants, co-generation facilities, hydroelectric facilities, wind farms, mining facilities (above and below ground) water and waste water treatment plants, and more. |
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CECR (Civil Engineering Completed Risks) All risk coverage including loss of use for bridges, roadways, tunnels, and dams, and more. |
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