Strategic – Shielded – Assured

Protecting Your Projects and Professional Standing

Project & Equipment Protection

Covers physical damage to construction works, materials, and machinery, including erection, installation, and breakdown

Machinery Breakdown

Insurance against accidental, electrical, or mechanical failure of critical machinery

    Third-Party Liability

    Covers legal liability for injury or property damage to others from your engineering operations

      Strategic – Shielded – Assured

      Tailored Insurance for the Engineering Sector

      In today’s dynamic engineering landscape, firms face intricate risks that extend beyond standard operational hazards. Whether it’s design flaws, construction accidents, equipment failures, or third-party liabilities, the financial and reputational consequences can be significant.

      At Deraya, we collaborate with leading insurers to deliver specialized engineering insurance products that mitigate these exposures and safeguard your projects, assets, and professional reputation within the Saudi Arabian regulatory environment (IA) and local standards.

      We offer tailored solutions for a wide range of engineering disciplines, supporting projects from inception to completion.

      Contractors Plant and Machinery Insurance

      Essential for sectors relying on heavy equipment

      • Sudden, accidental, or electrical breakdown

      • On-site and off-site machinery coverage

      • Rental and contractor-owned equipment included (could clarify this also includes owned machinery)

      Erection All Risks Insurance

      Specifically designed for the risks associated with the erection and installation of machinery and plant

      • Covers damage during installation, testing, and commissioning phases

      • Protects against fire, explosion, impact, and collapse

      • Crucial for industrial installations and infrastructure projects

      Contractors’ All Risks Insurance

      Provides broad coverage for construction projects against physical damage

      • Covers damage to buildings, civil works, and temporary structures under construction

      • Includes fire, earthquake, flood, storm, theft, and malicious damage

      • Can be extended to cover contractor’s plant and machinery

      Machinery Breakdown & Stock Insurance

      Protects against unforeseen and sudden physical damage to operational machinery. This policy can be extended to cover the subsequent Deterioration of Stock (DOS), safeguarding perishable goods against spoilage due to machinery failure.

      • Covers electrical and mechanical breakdowns

      • Includes repair or replacement costs

      • Vital for manufacturing plants, power generation facilities, and other industries reliant on machinery

      • Crucially, extends to cover spoilage of stock in cold storage, food processing, and pharmaceutical facilities.

      Strategic – Shielded – Assured

      Navigating Engineering Risks with Expertise

      Sector-Specific Solutions

      • Tailored for various engineering disciplines, including civil, mechanical, electrical, and structural

      • Adaptable policies for different project scales and complexities

      • Considers local construction practices and environmental factors across Saudi Arabia

      Comprehensive Risk Assessment

      • Thorough evaluation of project-specific risks

      • Customized coverage to address unique exposures

      • Guidance on risk mitigation strategies

      Dedicated Claims Support

      • Efficient and responsive claims handling.

      • Expert assistance in the event of a loss

      • Minimizing disruption to your projects and operations

      Engineer with Confidence, Build with Deraya

      In the complex world of engineering, unforeseen risks are inherent. Deraya provides the specialized insurance solutions and expert support you need to protect your projects, your business, and your professional reputation throughout Saudi Arabia.