Machinery Breakdown

Power & Utilities
The ACE Group is widely recognized as a global leader in providing all risk property insurance for all types of power plants and power stations. We have the capacity to manage a wide range of exposures in this specialized area.

Boiler & Machinery
Boiler and machinery breakdown coverage is available on all types of machinery, manufacturing equipment and plants across a spectrum of industries as a mono-line product or as part of an all risks package.

Benefits:

• Specialised Breakdown Insurance from ACE Group provides cover for machinery that breaks down during operation – something which is generally excluded under a standard ISR Policy
• Personalised cover from ACE can extend to include electrical and ancillary equipment, computer equipment, goods in cold storage and business interruptions

Power generation:

• Geothermal/ gas/ coal/ hydro-electric/wind generation
• Single-cycle and combined-cycle generation
• Gas turbines
• Electricity distribution companies

Machinery Breakdown:

• The actual failure, breaking, distortion or burning out of any part of the machinery
• Damage following failure or fluctuation of electricity supply
• Operator error or omission
• Fracturing caused by frost where the fractures render the machine inoperable