Construction & Engineering

Sompo Canopius underwrite direct engineering and construction risks from our offices in London, Singapore and Amsterdam. We employ a specialist team which enables us to take a leading role in the market, providing the required critical experience and knowledge to meet the complex needs of our targeted clients.

The London portfolio comprises contractors all risks and erection all risks (including public liability, advance loss of profits, contractors plant and existing property), machinery breakdown and business interruption.

The team focus on project specific risks for all clients and contractors on a worldwide basis and in all segments of onshore activities including infrastructure (e.g. roads, utilities etc.); buildings (e.g. offices, hospitals, prisons etc.); power generation and petrochemical construction. We work closely with intermediaries to provide products appropriate to their distribution channels and customer requirements.

The London team also underwrites engineering reinsurance on both a proportional and excess of loss treaty basis. Other related classes written include marine construction, offshore energy construction and project cargo relating to the construction industry.

Sompo Canopius is a founding member of the Construction Consortium at Lloyd's (CCAL) which offers capacity of up to US$212.5 million on a PML basis in order to offer lead terms on major projects. This is by far the largest Lloyd's capacity available for this class of business. The consortium has been carefully designed to ensure that the specialist expertise of the individual consortium partners can be swiftly backed by substantial capacity. It also operates in Singapore. For more information see the consortium website:www.constructionatlloyds.com


Mike Southgate

Mike Southgate

Global Head of Marine, Energy and Engineering

Office no. +44 20 3540 7054
mike.southgate@sompocanopius.com