Engineering Insurance
Comprehensive protection for your projects and technical assets.
From the protection of critical electronic equipment to large machinery, having an adequate coverage is key to ensure the continuity of your operations and projects.
At Hanseatica, we design our Engineering Insurance to cover all aspects that may affect your investment, from material damages to third-party liability.
Engineering Insurance
Designed for industrial, construction, and technology companies, as well as contractors requiring protection for their most valuable assets. It is ideal for industries that rely on the operational continuity of their equipment, machinery, and projects to ensure their success. Whether in construction, assembly, or the daily use of advanced technology, Hanseatica provides the security you need to move forward with confidence.
Technological capital is essential for your company's operations, and any damage can halt your activities. Hanseatica's Electronic Equipment Insurance protects you against any risk that may affect critical equipment for your commercial or industrial activity, ensuring uninterrupted continuity.
Primary Coverage:
- All-risk coverage for loss or damage to data processing equipment and peripherals.
Additional Coverage:
- Protection against Electrical Failures: Damage caused by power supply failures or fluctuations.
Machinery utilized by contractors is integral to project execution, and its protection is crucial to prevent delays. Our Contractors' Equipment Insurance safeguards your equipment against material damage while performing its specific functions.
Primary Coverage:
- Material Damage: External material losses and damages affecting the equipment.
Additional Coverage:
- Third-Party Liability: Covers bodily injury and material damage caused to third parties by the insured equipment.
During a construction or erection project, various risks can emerge, impacting both project development and the safety of involved equipment. At Hanseatica, we protect your project from inception to handover, ensuring that unforeseen damage does not impede your plans.
Machinery is essential for any company's production process, and any failure can result in significant losses. Our insurance is designed to protect your most critical assets against unforeseen damage, ensuring uninterrupted production.
Sudden and unforeseen damages directly caused by:
- Damage caused by the insured's personnel's inexperience or negligence.
- Design flaws.
- Improper installation, workmanship defects, or faulty assembly.
- Damage caused by centrifugal force.
- Damage caused by foreign objects entering the machinery.
- Storms, frost, or thaw.
- Lack of water in steam boilers.
- Damage resulting from electrical energy.
- Explosion in internal combustion engines.
Operational Security
We ensure the continuity of your operations, minimizing financial risks arising from losses or damages. Any unforeseen event will be covered, allowing your business to continue without costly interruptions or delays.
Risk Management
Our Risk Management service not only secures your assets, but also anticipates and prevents risks before they occur. We actively collaborate to enhance the safety of your operations, thereby reducing the potential for losses.
Request a quote
Please provide your details, and our people will contact you shortly to offer expert advice.
Frequently Asked Questions
Do you have questions about our Technical Insurance?
Technical Insurance is a policy designed to protect equipment, machinery, facilities, and projects against accidental damage that may occur during their use, assembly, construction, or operation.
This type of insurance helps minimize operational disruptions and protect the technological and production assets that are critical to a company's operations.
Depending on the policy you have purchased, it may include coverage for:
- Accidental property damage
- Electronic equipment
- Machinery breakdown
- Contractor teams
- Construction and Installation Projects
- Power outages
- Operational errors
- Damage during testing and commissioning
- Liability to third parties
- Additional expenses resulting from an accident
Coverage can be tailored to the type of business, project, or equipment being insured.
Depending on the scope of coverage, the following can be insured:
- Electronic equipment
- Data processing equipment
- Industrial machinery
- Contractor teams
- Technical tools
- Industrial facilities
- Equipment used in construction and assembly
- Technology Applied to Manufacturing Operations
Technical Insurance may be applied during:
- The daily use of equipment and machinery
- Construction or assembly work
- Testing and commissioning phases
- Industrial or technological operations
- Transfers and operational movements
- Contractor Activities
This helps protect assets from accidental damage that could disrupt business operations or project continuity.
During its operation, a team may be affected by:
- Power outages
- Human error
- Operational incompetence
- Accidental breakage
- Assembly defects
- Overloads
- Mechanical damage
- Weather events
- Foreign objects in machinery
- Problems during construction or installation
These incidents can result in high costs for repairs, replacements, and operational downtime.
This insurance is designed for:
- Industrial companies
- Construction Companies
- Technology companies
- Contractors
- Heavy Equipment Operations
- Companies that rely on critical equipment
Hedging strategies can be adjusted based on the type of transaction and level of risk exposure.
Because equipment, machinery, and technological systems are essential assets for the continuity of many industrial, commercial, and construction operations.
Having adequate coverage helps reduce financial losses, minimize disruptions, and protect strategic investments from unforeseen damage.
To choose the right coverage, it is important to consider:
- Type of activity
- Level of risk exposure
- Value of equipment and machinery
- Operational Dependency on Critical Assets
- Stages of construction, assembly, or production
- Need for additional coverage
At Hanseatica, we develop customized solutions for industrial, technology, and construction companies, combining asset protection, business continuity, and specialized technical consulting.
If you'd like to find out which coverage is best suited for your business or project, please contact us and our team will help you design a customized solution.
In the event of an incident, it is recommended that you:
- Contain the situation and prevent further damage
- Document the incident with photos or videos
- Report the claim within the specified time frame
- Gather technical documentation and quotes
- Coordinate the relevant inspection
Acting quickly helps streamline the claims process and minimize the operational impact.
If you need to report a claim, you can start the process in our Report a Claim.
More insurance solutions to protect your assets
Operational All-Risk Insurance
This coverage gives you peace of mind in case of any unforeseen circumstance, ensuring that your operations are protected against the most unexpected situations.
Surety Insurance
With Surety Insurance, we offer complete coverage in the Argentine territory, ranging from contract compliance to liability management in specific activities, such as real estate rental or professional engagements.