Engineering
Insurance Malaysia
Construction
Insurance Malaysia
Contractors'
All Risks Insurance Malaysia
Erection
All Risks Insurance Malaysia
Public
Liability Insurance Malaysia
Workmen
Compensation Insurance Malaysia
Foreign
Worker Insurance Malaysia
Arranged
By
ACPG
Management Sdn Bhd
+603-92863323,
+6011-12239838
Construction
Insurance Malaysia
A
proven leader in the construction industry, ACPG Insurers delivers integrated
property & casualty and specialized insurance solutions which are tailored
to construction risks from:
Residential
and Commercial Projects
Civil
Engineering Projects such as pipelines, dams, roads and rail
Power
and Energy Projects of all sizes
Petrochemical
and Industrial plants
Our
unique industry practice group provides clients with a comprehensive spectrum
of products including Project Cargo, Casualty, Surety, Environmental and
Project Professional Indemnity.
Whether
you’re a Principal, Property Developer, Main Contractor, we will work
collaboratively with you and your broker to help develop seamless and effective
risk management solutions.
OUR
STRENGTHS
By
working with ACPG Insurers Construction Industry Practice, you will benefit
from our strengths which encompass:
Local
knowledge backed by global capability
Comprehensive
suite of services
Experienced
underwriting team
Dedicated
Construction Risk Engineers
Superior
Claims Handling and Administration
Consultative
approach to loss prevention and mitigation
Tailor-made
programs backed by client-centric service
Broad
coverage
Long-term
focus on client relationships
PRODUCT
RANGE
ACPG
Insurers Construction Industry Practice offers a range of products and services
including:
Contract
Works
Delay
in Start Up
General
Liability
Umbrella/Excess
Casualty Covers
Project
Professional Liability
Environmental
Pollution Liability
Contract
Surety
Construction
Risk Management Services
Marine
Cargo including DSU
Directors
& Officers Liability
Terrorism
Construction
All Risks – Builder Risk
Contractors,
property developers and principals will all benefit from this insurance, which
provides both single risk project cover and annual polices. It is available on
a standalone basis but can also be packaged with excess casualty (GL),
employers’ liability or environmental impairment liability.
PRODUCT
HIGHLIGHTS
ACPG
Insurers have a strong track record of leading the insurance of large and
complicated project contracts
ACPG
Insurers are recognised technical expertise in the sector
Our
expertise in claims handling and investigation is widely acknowledged
ACPG
Insurers seek to develop long-term relationships with clients
COVER
Our
standard cover includes contract materials and/or works.
Cover
can be extended to include:
Contractors’
plant and equipment
Delay
in start up
Non-negligent
liabilities
Public
liability
Construction
All Risks – Civil Engineering
This
insurance provides contractors involved in hydro projects, motorways, railways
and pipelines with annual cover or single risk project cover.
PRODUCT
HIGHLIGHTS
ACPG
Insurers have a strong track record of leading the insurance of large and
complicated project contracts
ACPG
Insurers are recognised technical expertise in the sector
ACPG
Insurers seek to develop long-term relationships with clients
COVER
Our
standard cover includes:
Consequences
of design
Extended
maintenance
Natural
catastrophes
Property
damage only
Primary
third party liability
Cover
can be extended to include:
Delay
in start up
Full
design
Erection
all Risks
ACPG
Insurers Erection All Risks (EAR) insurance includes the erection and
installation of electrical or mechanical plant and machinery.
It’s
ideal for mechanical and electrical contractors looking for annual contract
cover or developers, manufacturers, power and energy companies involved in
large and complex installations.
Our
target areas include construction of power plants, oil and gas facilities and
other heavy industries such as steel, aluminium and cement, as well as
traditional light engineering projects such as bottling plants and
pharmaceuticals.
PRODUCT
HIGHLIGHTS
Experience
in writing many types of risks from standard installation contracts to large
scale power and energy plants
A
strong track record of leading the insurance of large and complex project
contracts
The
capacity to cover contracts in many overseas territories
Highly
experienced risk engineers who can assist in risk management and risk
reduction, as well as ensure that standards are maintained during the erection
and installation works to help reduce losses
COVER
Our
standard EAR cover is for the erection and / or installation of electrical or
mechanical plant and machinery globally.
It
can also cover losses during the testing and commissioning prior to hand-over
and damage during the contractual maintenance period.
Cover
can be provided for movement and re-erection of machinery along with testing,
commissioning and maintenance of installed machinery.
An
‘all-risks’ cover that includes breakdown and explosion during testing and
commissioning.
Available
on contracts overseas subject to some territorial and environmental peril
limitations.
The
standard insurance offers cover for defective design under the wording and
damage to installed equipment during maintenance visits. This can be extended
to give wider defective design cover and either extended or ‘full’ or guarantee
maintenance.
Comprehensive
General Liability (CGL) Insurance
To
meet the needs of casualty insurance clients it takes underwriting skill, risk
engineering expertise and superior claims handling. These are key strengths of
ACPG Insurers.
ACPG
Insurers has a broad appetite for risk and provides public and product
liability to medium, large, and multinational businesses on a domestic and
international basis.
BENEFITS
Flexible
policies which can be tailored to client needs
Highly
experienced and dedicated casualty underwriters
Cover
is available for North American exports and domiciled companies
Casualty
Engineers with specialist expertise
Multinational
capabilities
Proven
global claims handling capabilities
Foreign
Workers Insurance
Employees
are a company's greatest asset therefore it is essential for an employer to get
their employees protected.
Being
one of the approved panel insurance companies to provide foreign workers
insurance, ACPG Insurers has three products designed to provide financial
relief for the employer in the event of death, hospitalization or repatriation
of their foreign workers.
Foreign
Workers Compensation Scheme (FWCS)
As
provided under Section 26(2) of the Workmen’s Compensation Act 1952, it is
mandatory for every employer to insure all their foreign workers employed by
the company under the Foreign Workers Compensation Scheme (FWCS).
ACPG
Insurers is one of the panel insurance companies appointed and approved by the
Ministry of Human Resources to underwrite FWCS. The scheme provides foreign
workers with personal accident and repatriation benefits during and outside of
working hours.
COVERAGE
Foreign
workers who are under the employment of the insured company will enjoy coverage
that include
Death
and disability due to an accident
Disease
arising out of and in the course of employment
Medical
expenses
Repatriation
expenses
Foreign
Workers Hospitalization & Surgical Scheme (FWHS)
Effective
1 January 2011, all foreign workers in Malaysia are required to purchase a
RM120 premium per year
Foreign
Workers Hospitalization & Surgical Scheme (FWCS) that provides RM20,000
annual coverage.
ACPG
Insurers is one of the panel insurance companies appointed and approved by the
Ministry of Health (MOH) to underwrite the FWHS.
BENEFITS
Under
the insurance policy, foreign workers will enjoy benefits that include
Daily
hospital and room board of up to a maximum of 30 days
Intensive
care unit (ICU) of up to a maximum of 15 days
Operating
theatre fees
Surgical
fees
Anaesthetist
fees
In-hospital
physician visits of up to a maximum of 30 days
In-hospital
specialist consultation visits of up to a maximum of 30 days
Ambulance
fees
Medical
report fees
Foreign
Workers Insurance Guarantee (FWIG)
Foreign
Workers Insurance Guarantee (FWIG) is a guarantee required by the Immigration
Department from the employer as a security deposit for the employment of
foreign workers (excluding Domestic Maid) under Regulation 21 of the
Immigration Regulations.
This
insurance serves as a guarantee to the Immigration Department to cover the
repatriation expenses in the event the foreign worker is required by the
authorities to be sent back to his/her country of origin during his/her course
of stay in Malaysia.
The
circumstances could arise from:-
Breach
of Immigration Act
Foreign
worker is caught involving in illegal and illicit activities such as drug,
immoral work, etc.
Employer
goes into liquidation and is unable to provide the return passage for the
foreign worker
Engineering
Insurance Malaysia
Protect
your business against unforeseen events or disruption. Select from our range of
commercial insurance products to protect your business, goods, employees, etc.
Our team of knowledgeable, experienced and dedicated staff is always on hand to
provide insurance solutions for all your business needs.
Contractors'
All Risks insurance Malaysia
Contractors'
All Risks insurance is designed to provide coverage for all parties involved in
a construction project.
There
are usually two main groups of named insured. They are the Principal and the
Contractor(s). The Principal is the party who commissions the work. The
principal will usually be the party who owns the building when completed. The
contractor is responsible for the planning and execution of the contract works.
Where nominated sub-contractors or other sub-contractors are engaged, they can
be included under the policy.
There
are two sections in this Policy:
Section
I: Material Damage
This
Section provides cover for loss or damage to the contract works caused by any
unforeseen and sudden physical loss or damage from any cause, other than those
specifically excluded.
Section
II: Third Party Liability
This
Section provides indemnity for the insured’s legal liability for accidental
bodily injury or property damage to third parties occurring in direct
connection with the contract works.
For
more sophisticated operations, you would require a specially customised
insurance program that offers maximum protection and flexibility. We ACPG team
of professional staff is well versed to provide you with all the necessary
guidance and advice.
Erection
All Risks Insurance Malaysia
Erection
All Risks Insurance is designed to provide coverage for the installation and
erection of ready-built engineering projects such as machinery, equipment or
other fittings in factories.
There
are two sections to this Policy:
Section
I: Material Damage
This
Section provides cover for loss or damage to the contract works caused by any
unforeseen and sudden physical loss or damage from any cause, other than those
specifically excluded.
Section
II: Third Party Liability
This
Section provides indemnity for the insured’s legal liability for accidental
bodily injury or property damage to third parties occurring in direct
connection with the erection works.
For
more sophisticated operations, you would require a specially customised
insurance program that offers maximum protection and flexibility.
Our
team of professional staff is well versed to provide you with all the necessary
guidance and advice.
Public
Liability Insurance Malaysia
With
increasing awareness of consumers, enterprises are exposed to a myriad of legal
liabilities arising from accidents due to acts of negligence of its employees
or representatives in the course of business.
Business
prudence requires that protection against such contingents cannot be
compromised.
With
Public Liability insurance, you have the assurance that compensation for claims
from third parties for injury or damage to their property including claimants’
costs are taken care of.
Commercial
and Business Insurance
Arranged
By
ACPG
Management Sdn Bhd
Business
Insurance
Commercial
All Risks
Commercial
Motor Vehicles
Equipment
All Risks
Fidelity
Guarantee
Group
Hospitalization
Group
Personal Accident
Money
Office
and Shop Insurance Scheme (OASIS)
Plate
Glass
Engineering
Boiler
& Pressure Vessel
Contractors’
All Risks
Deterioration
of Stock
Electronic
Equipment
Erection
All Risks
Machinery
Breakdown
Machinery
Breakdown – Loss of Profits
Machinery
& Equipment
Storage
Tank Installation
Foreign
Worker Insurance
Foreign
Worker Insurance Guarantee
Foreign
Worker Compensation Scheme (FWCS)
Foreign
Worker Hospitalization & Surgical Insurance Scheme (SKHPPA)
Liability
Comprehensive
General Liability
Directors
& Officers Liability
Products
Liability
Professional
Indemnity
Public
Liability
Warehousemen’s
Liability
Marine
Bailee
Liability
Credit
Insurance
Marine
Hull
Marine
Inland Transit
Workmen
Employer’s
Liability
Workmen’s
Compensation
ACPG
Management Sdn Bhd
Head
Office
158-3-7,
Blok 158, Kompleks Maluri,
Jalan
Jejaka, Taman Maluri, Cheras,
55100
Kuala Lumpur, Malaysia.
enquiry@acpgconsultant.com
+603-92863323,
+6011-12239838
