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