Engineering and construction

MIR Brokers has involved in many construction and energy projects for more than 35 years. For this time being, MIR Brokers is one of the leading insurance brokers for commercial property constructions in Indonesia especially in greater Jakarta.

Our engineering team would provide not only the most competitive terms & conditions, but also access to our qualified and experienced claim division, which are available and accessible to our client's needs.
Type of coverage:

Contractor's All Risk Insurance (CAR)

This covering loss or damage in respect of Contract Works, Construction Plant and Machinery, Materials Supplied by the Principle, Removal of Debris and Liability towards Third Parties (Property Damage and/or Bodily Injury). As a rule, the following causes of loss are covered under CAR insurance:

Fire, lightning, explosion, crashing aircraft, extinguishing water or other fire-fighting measures, flood, inundation, rain, snow, avalanche, tsunami, windstorm of any kind, earthquake, subsidence, landslide, rockslide, theft, burglary, bad workmanship, lack of skill, negligence, malicious acts or human error.

Erection All Risk Insurance (EAR)

This covering loss or damage in respect of Erection Works of Machinery, Plant and Steel Structures in addition to third party Liability (Property Damage and/or Bodily Injury).

The following causes of loss are covered under EAR insurance:

Fire, lightning, explosion, flood, inundation, windstorm, earthquake, theft, burglary, negligence, malicious acts, bad workmanship, faults in erections, short circuit.

Contractor's Plant & Machinery (CPM)

Contractor’s Plant and Machinery are insured under CAR policy in a specific site/project, but can be insured under CPM policy on an annual basis and for several sites/projects.

Comprehensive machinery insurance (CMI)

This policy offers “all risks” cover of a predominantly engineering nature, particularly against machinery breakdown, fire, lightning and chemical explosion, as well as natural perils for the entire insured plant.

Electronic Equipment Insurance (EEI)

Electronic equipment insurance is essentially an accident insurance on an all-risks basis and therefore covers losses which arise suddenly and unforeseeably. The loss must have a material effect on the insured item and necessitate either repair or replacement.

Electronic equipment insurance is essentially an accident insurance on an all-risks basis and therefore covers losses which arise suddenly and unforeseeably. The loss must have a material effect on the insured item and necessitate either repair or replacement.

The vast majority of electronic equipment insurance claims are based on losses due to the following causes: Fire, lightning, explosion, crashing aircraft, Smoke, soot, corrosive gases, Water and moisture, Defective air-conditioning, Short-circuits and other electrical causes, Operating errors, clumsiness, negligence, Malicious acts, burglary and theft, willful intent of third parties, Hail, frost, storm, Subsidence, landslide, rockslide, avalanche

Machinery Breakdown for Property (MB)

Machinery insurance is an “accident” insurance for machinery, and thus covers sudden and unforeseen physical damage that limits the operability of the insured item and therefore necessitates its repair or replacement.

Machinery insurance claims mostly arise from one of the following causes:

  • Faulty design, calculation, plan, specification, manufacture or workmanship and defects in casting and material
  • Operating error, lack of skill, negligence, malicious acts, faulty maintenance
  • Tearing apart due to centrifugal forces
  • Short circuit and other electrical causes
  • Shortage of water in steam generators
  • Physical explosion
  • Windstorm, frost, ice motion

We are also pleased to assist our client and other third parties for a risk management consultation on their projects.

Our Alliance

World Insurance Network Group
Assurex Global
Asia Australasia Alliance

 

 

 

 

 

 

 

MST Insurance Service Co., Ltd
MST Insurance Service Co., Ltd
 

 

glqxz9283 sfy39587stf02 mnesdcuix8
sfy39587stf03
glqxz9283 sfy39587stp14 mnesdcuix8