JMM’s long-standing relationship with Lloyd’s Insurance market has enabled the development of a series of special insurance programmes for business.

Annual Contractors’ Package

JMM has gained the confidence of Lloyd’s Syndicates to be able to offer this unique insurance package specifically for companies operating as main contractors or sub-contractors within the construction or rail sectors in the UK and Europe. The package has been specifically designed also to comply with regulations and requirements for various industry sectors such as Rail, Construction, Utilities, Aerospace and Energy including offshore Oil and Gas.

The programme provides Contractors Liability Insurance, Contractors All Risks and Plant cover in one insurance policy.

The policy covers operations worldwide, it contracts directly with principals, covers all industries, trades and professions and does not require contract renewal to underwriters.

JMM’s Annual Contractors Package is tailored to our clients’ specific risk profiles so that the policy cost relates solely to actual exposures. Our clients therefore only pay to cover the risks arising from their specific business activities.

A typical programme will include Employers Liability limit of £10 million, with Indemnity for unsatisfied court judgements and court attendance costs; Public and Products Liability of £10 million which will cover indemnity to Principals, Cross Liability Cover and Damage to rented premises.

The Contractors All Risks package also includes Contract Works and Construction; Plant, Equipment and Machinery; Hired Plant; Employee Tools and Personal Effects, Indemnity against reinstatement costs including professional fees, debris removal, continued hiring charges and cost of immobilised plant. JMM can increase indemnity limits to £25 million if required.

Offshore Oil and Gas

This specialised insurance package has been developed in conjunction with Syndicate Underwriters at Lloyds and JMM’s legal advisors. The policy provides global cover, including North America, in one insurance package.

The policy covers contractors working in offshore oil and gas for loss and damage to property, personal injury, death and illness as well as third-party losses, pollution and indirect or consequential loss. It also covers Employers’ Liability, Public and Products Liability and Professional Indemnity.

JMM is able to scope and rate each risk separately to ensure that clients’ overall insurance needs are fully covered at the best possible rates.

Typical policy limits for Employers Liability, Public and Products Liability are £10 million with £5 million for Asbestos and Terrorism and £5 million for Products, Pollution and Environment Liability. Professional Indemnity at £5 million. Limits of up to £25 million are available as required.