Mike Balmer, Executive Vice President, Willis North America

Key Elements of a Project InsuranceProgramProperty/First Party coverages:• Builder Risk (course ofconstruction) – physical damageand time element/loss of use• Property – physical damage andtime element/loss of use• Equipment Breakdown• Contractors’ Equipment• Cargo / transportation• Performance guaranteeCasualty/Third Party coverages:• General Liability• Workers’ Compensation• Excess / Umbrella• Professional & Pollution Liability• Contractors’ Equipment• Other Coverages6