Engineering Insurance
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Secure What Matters Most!
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Your Strategic Partner for Project Success
At Tenas, we understand the complex risks that come with engineering and construction projects from design flaws and equipment breakdowns to third-party liabilities and project delays. These challenges can jeopardize timelines, inflate budgets, and threaten profitability.
Our Engineering Insurance solutions are built to secure your projects from day one, ensuring financial stability and operational continuity throughout every phase of construction and installation.
Comprehensive Coverage Across the Project Lifecycle
Tenas provides tailored protection that aligns with each stage of your engineering project — from concept to completion.
Pre-Construction
Covers risks during the early phases, including:
- Feasibility and design errors
- Permitting or approval delays
- Project launch interruptions
Construction
Covers physical loss or damage to works, machinery, or materials during construction, assembly, or installation.
Protection includes fire, natural disasters, theft, or accidental damage — keeping your project on schedule.
Contractors’ All-Risk Insurance
Comprehensive protection for contractors against:
- Property damage during construction
- Third-party liability for bodily injury or property loss
Safeguards contractors from significant financial exposure during project execution.
Machinery Breakdown Insurance
Protects your key equipment and project machinery from mechanical or electrical breakdown, covering repair or replacement costs to minimize downtime.
Electronic Equipment Insurance
Covers sensitive electronics such as control systems, diagnostic tools, and computers against power surges, electrical faults, and other unforeseen damages.
Delay in Start-Up (DSU)
Provides financial compensation for loss of income or increased costs resulting from delays caused by insured events. Keeps your business financially stable even when timelines shift.
Enhancing Coverage for Project Specific Needs
Every engineering project has unique exposures. Tenas provides additional coverage options to match your specific technical and operational requirements:
- Advanced Loss of Profits Insurance: Protects anticipated income in the event of project delays due to insured risks such as natural disasters or on-site incidents.
- Professional Indemnity Insurance: Covers claims arising from professional negligence, design errors, or engineering miscalculations.
- Environmental Impairment Liability: Covers liability for pollution or environmental damage caused during project activities.
These options allow you to build a customized protection package that truly reflects your project’s risk profile.
Unwavering Partnership and Expertise
At Tenas, we go beyond insurance. Our team of engineering risk specialists works closely with your project managers and contractors to assess risk exposure, recommend preventive measures, and ensure full alignment with industry standards and contractual requirements.
We serve as your strategic risk partner, not just your insurer helping you deliver projects safely, efficiently, and profitably
