Products & Services

Home >
  • Overseas

  • As one of the first brokers that enter overseas engineering project markets, CIB relies on study on professional field and accumulation of project experience and pioneers a unique path. We help our clients to mitigate risks on various fields, such as international project contraction, foreign economic aid, resource development, overseas industrial investment, labor export and import and export trade, capital construction materials and real estate development. This ensures that projects can proceed smoothly.

    Founded in 2003, CIB has successfully handled multiple mega overseas contraction projects, which guarantees the interests of Chinese contractor in foreign markets. These projects involve in various industries, such as petroleum, petrochemical, hydropower station, thermal power station, airport development, railway, highway, bridge, sugar, chemistry, cement, port and pier. In addition, these projects base in a large number of countries, including Saudi Arabia, United Arab Emirates, Pakistan, Malaysia, Vietnam, Kazakhstan, India, Indonesia, Mongolia, Korea, Nigeria, Tunisia, Angola, Guyana, Venezuela, Argentina, The Republic of Mali, etc.

    • Employers’ Liability/Workers Compensation
    • Single Project Professional Indemnity
    • Contractor All Risks (CAR), Erection All Risks (EAR) and Third Party Liability (TPL)
    • Delay in Start Up (DSU)
    • Construction Plant and Machinery (CPM)
    • Overseas Accident Insurance/Illness and medical Insurance/Overseas Aid
    • Comprehensive General Liability
    • Project Cargo
    • Property All Risks (PAR)/Machinery Breakdown (MB)/Loss of Profit (LOP)/Machinery Loss of Profit (MLOP)
    • Offshore CAR/Operational Risks
    • Surety Bond, including Bid Bond and Performance Bond 
    • Credit Risk/ Political Risk/Investment Risk
    • Terrorism Risk
    • War/Strike /Ransom Risk
    • Inspection, Claim and Recovery services
    • Other types of insurance and services

    Our Global Insurance Networks

    Asia: the Middle East, Southeast Asia, Hong Kong, Singapore, Korea, Japan and India.

    Continental Europe Market: Commonwealth of Independent States, Germany, France, Italy, Spain, Switzerland, Netherlands, Norway, etc. 

    London Market

    North America: United States of America and Canada.

    Oceania: Australia and New Zealand.

    Africa: South Africa, North Africa, West Africa and East Africa.

    Latin America: Brazil, Argentina, Chile, Venezuela, etc.

    Our Service

    Study foreign insurance law and regulations and communicate with contractors timely.

    Draw up overall insurance plans, including war, strike, ransom, surety bond and other special risks. In addition, assist Chinese contractors to review insurance clauses before signing. We are able to protect the interests of contractors.

    Help Chinese contractors to make engineering insurance budget.

    We have rich engineering insurance projects experience in under-development countries and regions, including Africa, Latin America, Southeastern Asia and the Middle East. We are able to help contractors to buy insurance, make inspection and complete claims with local firms smoothly.

    Arrange early-stage inspection and help with risk inspection reports. Help clients, insurers and reinsurers to fully understand potential risks of the project and prepare for insurance plans.

    Provide comprehensive insurance service, including insurance clause check, premium rate check, buying insurance, arranging reinsurance, risk management and control, claims from local insurance companies and building local insurance teams.

    CIB has strong international networks. We are able to use capacity of Chinese insurance market and the difference of Chinese and foreign markets to help our clients to control overall insurance expenses effectively.