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Project Cargo

Project Cargo

LIU’s Project Cargo and Marine Delay in Start-up products protect against financial loss if transit risk results in a delay to the start-up of a project. Such delays can have a significant effect on a project’s earning capacity and appropriate insurance is prudent, if not crucial.

Project Cargo forms part of LIU’s Infrastructure and Construction Solutions, which brings a cross-lines approach to the diverse insurance needs of the infrastructure and construction sector.

At a glance:

  • US$100m capacity
  • Focus on principal-controlled infrastructure projects needing cover for delay in start up
  • Suits (but not limited to):
    • power generation plant
    • pulp and paper mill
    • desalination plant
    • steel production plant
    • mining
    • rail, road and airport infrastructure
    • petrochemical refineries
    • renewables such as solar, wind and hydro plants.
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