At a time when capacity is reducing across the insurance marketplace (particularly in Construction), Focus is proud to buck the trend with our competitive new Contractors Combined Liability facility, in partnership with A-rated insurer Tokio Marine HCC!
Focus has been working closely with Tokio Marine HCC in recent years for the placement of Professional Indemnity risks and JCT 6.5.1. This has greatly assisted us in negotiating this brand new Delegated Authority facility for Contractors Combined Liability, allowing us to secure the most competitive terms and premiums for the benefit of our Brokers.
This Product targets Construction Firms with turnovers up to £20m and wage rolls up to £5m. Focus can refer requests to Tokio Marine HCC for quotations that exceed the aforementioned turnover and wage roll limits. This facility comes with a wealth of benefits, including:
- No height or depth limits
- Statement of Fact basis (no proposal form required)
- No end-of-year declaration unless otherwise stated
- Access to our unique Site Safety Assessment Tool
- Legal Expenses cover, including Contract Disputes
- 24-hour turnaround on quotes and policy documentation
- £250,000 Financial Loss (TORT ONLY)
The facility offers a standard limit of indemnity for Public Liability of £5m, and £10m for Employers Liability. Again, our excellent relationship with Tokio Marine HCC means that we have the flexibility to refer requests for higher limits.
We are proud to cater to many contracting trades with our new facility, including:
- Carpenters & Joiners
- Fencing Contractors
- General Building & Contracting Trades
- Property Developers
- Refrigeration & Ventilation Engineers
- Plumbing & Heating Engineers
The facility can also accommodate higher-risk trades such as Roofers & Scaffolders or Demolition Contractors, where they do not form the majority of overall turnover.
With a wide range of competitive Construction Products, we like to think of ourselves as a one-stop shop for all your Construction insurance needs. In addition to our new facility, we can continue to provide support for any additional covers you may require, including Contractors All Risks, Excess of Loss (PL and EL), Six-Month Speculative Build, JCT 6.5.1, Structural Warranties or Performance Bonds.
So, please get in touch if you would like to talk about our competitive new Contractors Combined Liability facility or any of the other Products in our range. We are always happy to talk.