Engineering Lines

We understand Engineering Lines as the art of underwriting projects and emerging risks in the field of innovation.

 

With an engineered-led approach, we are curious to expand our existing horizons and passionate to discover insurance solutions, where Andawrite wants to be seen as a creative problem solver.

logo andawrite
Our Approach

We translate the understanding of complex construction project and new technology risks into an engineering-led underwriting approach. We use our risk assessment tools (RAT) to standardise the grading criteria, which assures the underwriting consistency which each producer expects to receive.

UNDERWRITING STRATEGY
  • EEA Direct Insurance
  • Facultative mainly Spanish interests abroad, Latam and Africa.
  • Minimum Premium: €7.500 (our share)
POLICY LIMITS & FORMS

DIRECT: up to €50m capacity.

FACULTATIVE: up to €50m on open-market basis and sourced by preferential capacity partners (Reinsurers and MGAs) where Andawrite occasionally acts as business introducer.

logo andawrite
Product Description

Our products are single risks of pre-selected Construction companies and also turnover policies after checking their technical and financial abilities. We follow defined risk selection criteria applying a minimum risk grading of “average” to our product offering.

CONSTRUCTION

Construction and Erection All Risk
Liability
Advance Loss of Profit
1st year of Operation

OTHER ENGINEERING LINES

Completed Civil Works
Machinery Breakdown
Computer/Electronic Risks
Cyber Risks

logo andawrite
Application

AndaSME     Insurance Coverholder
AndaTECH   Facultative Broking Services
AndaSPEC   Specialty Lines (Direct & Facultative)

logo andawrite
Why choosing Andawrite?

We operate only with specialized Underwriters capable to influence underwriting upfront.

We partner with reputational European insurers committed to the market we operate in.

We offer access to first-class Reinsurers interested in working strategically with Andawrite.

We facilitate the access to a platform of valuable Risk and Loss Control Management.

Download