Industry — Construction
Construction risk evolves from tender to handover.
Construction businesses face risk across contract works, design, machinery, employees, subcontractors, third parties, delay, professional responsibility and completed operations.
Industry Overview
UAE construction projects move through distinct phases — tender, mobilisation, works on site, handover and defects liability — and the risk profile changes at each stage. A programme built for the tender stage rarely still fits by handover.
Key Risk Landscape
- Damage to contract works, materials and plant on site.
- Delay caused by weather, supply chain or third-party failure.
- Injury to employees, subcontractors or the public.
- Breakdown of cranes, generators and site machinery.
- Design or professional errors carried by consultants and contractors.
- Liability extending into the defects liability period after handover.
Insurance Priorities
Cover should be sequenced to the contract programme: contract works and machinery cover for the build phase, liability cover that runs continuously across the project team, and a clear view of what happens if the programme slips.
Common Gaps We See
- Contract works sums insured not updated as variations are added.
- Subcontractor liability and insurance obligations not verified against the main contract.
- Plant and machinery cover excluding hired-in equipment.
- No cover in place for the defects liability period after practical completion.
Relevant Solutions
Contractual & Regulatory Considerations
Claims Scenario
Why Omega
Truly Independent
We compare appropriate options across multiple locally and internationally regulated insurers, rather than one company's products.
Advice Built Around Your Risk
We start with your exposures and priorities, not a predetermined product.
Claims Advocacy
Our role continues when a claim arises — we help organise information and keep you informed throughout.
Regulated and Accountable
Omega Insurance Brokers is licensed and supervised by the Central Bank of the UAE, Registration No. 162.
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