Recently, construction/engineering insurances has become important especially for Turkish contracting companies. These insurances including but not limited to assembly all risk insurance, machinery breakdown insurance, 3rd party liability insurance, employer liability insurance etc.
Another importance progress for the contracting companies is an increase in the tendency to removing the risks of terror and political violence from “All Risks” insurances. It is observed that such risks have become to be evaluated under a new insurance branch and to be presented by expert insurance companies out of All Risks policies.
Within this framework, a panel was organized on 31 March 2017 in Turkish Contractors Association in order to evaluate the latest developments and tendencies in construction/infrastructure insurances in cooperation with Turkish Contractors Association and INTEGRA Insurance Broker. Att. Dr. Özgün Öztunç, the founding partner of our law firm attended this panel as a speaker with his presentation covering below points;