Funk Construction – Insurance cover for major construction projects
Securing large-scale construction projects is multi-layered and therefore very complex. Funk Construction accompanies your construction project from the very first minute. From the initial inquiry, through detailed risk analysis and concept development, to the conclusion of the contract.
In the construction and real estate industry, know-how and experience are what count when it comes to successfully implementing time-, planning- and resource-intensive projects. The same applies when it comes to hedging industry-specific risks. Funk Construction is your expert for individual and comprehensive cover for your demanding construction project. With the exclusive Funk BauRisk project insurance for all those involved in the construction project, you enjoy the benefits of a market-leading insurance concept. Because we know: Individual projects require individual advice with tailor-made insurance cover.
4 reasons for Funk Construction
Support from the initial inquiry to implementation and safeguarding
Risk profiling and risk analysis
Insurance cover without gaps in coverage
Market-leading set of terms and conditions with numerous extensions to insurance cover
Funk BauRisk: property-related insurance cover for major construction projects
The Funk BauRisk policy offers building owners and general contractors comprehensive insurance cover precisely tailored to the special features of their major construction project. What's special about this solution? It applies across the board to all parties involved in the construction project: Clients, architects, planners, construction companies, subcontractors and others. The BauRisk policy thus combines various added values:
- Transparency regarding insurance conditions, premium and compensation payments
- Possibility of allocating the premium to the project participants
- Waiver of recourse (for covered facts) against the project participants or their insurance contracts
- Property-related sum insured from € 10 million
- Comprehensive set of terms and conditions above the market level of conventional concepts, including considerable extensions of cover
Your advantages: What Funk Construction does
- Complete transparency for the client regarding insurance cover, premium payments, indemnity payments and deductibles
- Advice on the allocation of insurance premiums
- Waiver of termination by the insurers and thus legal and economic security until the end of the project
- Risk monitoring over the entire construction period
- Advice and support in public procurement procedures
- Management of insurance claims: documentation, settlement negotiations and mediation procedures
- Continuous market monitoring and adaptation of insurance cover to changing risk situations
- Support until 10 years after completion of the project
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