Current landscape

Construction project insurance in India as it stands today

Policy Structure

Fragmented, individual policies

Cost & Coverage

Higher, with gaps / overlaps

Enrolment & Compliance

Manual, paper-based, inconsistent

Access for SMEs

Difficult, often excluded

Claims Management

Multiple carriers, slow, disputed

Data & Risk Management

Siloed, limited

Litigation Risk

High (cross-litigation)

The XPD8 Advantage:

Wrap-up Insurance
Model

One project-wide policy replaces fragmented ones, reducing gaps, overlaps

Lower
Costs

Group buying power, XPD8-negotiated e-bates

Digital enrolment & Compliance

Automated onboarding, and compliance checks, reduced errors

Data-driven Risk Management

Real-time data for smarter underwriting

Centralised
Claims

Single insurer handles all claims, speeding up resolution

Reduced
Litigation

Fewer carriers, clear responsibilities

Stakeholder Value Propositions - At A Glance

Lower costs, simplified management, reduced risk

Automatic coverage, reduced individual policy costs

New distribution channel, data-driven underwriting

Enhanced compliance, transparency

Project Owners

Contractors & Subcontractors

Insurance Companies

Regulators

Current landscape

The XPD8 Advantage:

Wrap-up Insurance Model

Lower Costs