Guardrisk Engineering and Guarantees (C&G)
C & G Group offers Tailor-made engineering insurance in all classes of engineering insurance.
Guardrisk Engineering and Guarantees (C&G Group) offers Tailor-made engineering insurance in all classes of engineering insurance.
This solution also provides construction guarantees through a specialised guarantees division.
C&G Group offers:
Engineering risk insurance:
- Contractors all risks
- Erection all risks
- Plant all risks
- Machinery breakdown
- Deterioration of stock
- Project delay / advanced loss of profits
- Works damage
- Electronic equipment
- Completed civil engineering risks
Construction guarantees:
- Bid bond/guarantee
- Advance payment bond/performance
- Performance bond/guarantee
- Retention bond/guarantee
Retail fuel guarantees:
- The retailer (service station) has to provide the fuel company with a fuel guarantee to enable the service station to trade on a debit order payment system. The services station is able to manage its cash flows more efficiently if a guarantee is provided to the fuel company. In the absence of a fuel guarantee, the service station has to pre-pay in cash or provide the fuel company with a bank guaranteed cheque, when ordering fuel.
Client Profile
Small and medium businesses
Large companies, organisations and government
Geography
South Africa, Sub-Saharan Africa and selected international countries
