Imperial Underwriting Construction Scheme

Product Overview

Established in 2021, Imperial Underwriting is a specialist underwriting agency, authorised and regulated by the Financial Conduct Authority to provide bespoke Insurance solutions to our partner brokers working within the construction sector. Capacity is provided by Stonefort Insurance S.A who carry an AM Best A- (Excellent) rating.

Across their range of schemes and facilities, they can offer quotations for many policy types including – Contractors Combined / Combined Liability / Contractors All Risks / Excess of Loss. Their appetite list is extensive and caters for many trades, including a number in the high-risk category. These include Roofing, Skip Hire, Civil Engineers, Groundworkers, General Builders, and Electrical and HVAC Contractors.

Imperial Underwriting hold core values such as trust, honesty and integrity. They only work with a select number of broker partners to ensure that their products and expertise are strategically offered to the Insurance industry.

Core Trades 

• HVAC/Plumbing Contractors
• Electrical Contractors
• Groundworks/Civils
• General Builders

Policy Benefits Available 

• £1,500 + IPT min premium for EL/PL/CAR
• Enhanced commission levels for Cobra Network Members
• A rated security
• Non-adjustable policy
• Statement of Fact – no proposal forms
• Excess Waiver – sub claim being notified in writing within 72 hours
• PI Extension – £50,000 increasing to £250,000 in respect of NICEIC-approved contractors
• £250k Financial Loss as standard
• £100k CAR extension as standard
• Unlimited Height & Depth Limits where required (standard is 20m/3m respectively)
• Bronze/Silver/Gold Material Damage “bolt-ons” including Office Contents, Computers, Stock and ICOW.

The full benefits package and trade list can be found here: Benefits package and Trade list.