Released on: January 22, 2008, 4:55 am

Press Release Author: Anthony Woods

Industry: Financial

Press Release Summary: Increased concern, social trends and improved coverage of
construction risks have contributed to the rise of construction insurance policies.


Press Release Body: Keystone Insurance reports that over 70% of all public liability
insurance policies arranged by the company are for construction companies.
Construction contractors are now more than ever conscious of the need for
construction insurance.

While the construction sector is not historically one with high safety and insurance
concerns, many Irish and international contractors have now begun to realize the
benefits of ensuring public liability coverage. Public liability insurance has
become just as important for contractors as Employers Liability Insurance. Three
main factors have contributed to this development, Keystone experts claim - the high
risk associated with the construction sector, changing social trends, and the
improved coverage of construction risks.

The construction sector is indeed one of high risk, which grows even higher for
bigger projects where many people are involved at a construction site and the
possibilities for accidents are virtually countless. And while the situation has
almost always been the same, there is now a remarkable change in Irish social
mentality that has made it essential for contractors to have construction insurance.
Although the 'claims culture' in Ireland is not as rampant as in the USA or the UK,
more and more people, instead of accepting that loss or damage can happen by
accident, are encouraged to believe that it must have been through someone\'s
negligence - with the result that they sue. Having a policy is therefore an option
much preferred to wasting valuable resources in courts and compensations.

While construction insurance covers were not very favorable some years ago, many
insurers are now offering improved terms. Keystone is a premier supplier of
insurance solutions to the Irish construction industry. As independent insurance
brokers, the company chooses from a large panel of insurers to secure the best
possible construction insurance package for clients. Quotes are arranged within a
few hours and cover can be arranged over the phone, and direct debits are available
on all policies over ten equal installments.

The company also has a large number of clients who hold insurance with the same
broker or insurer for many years. In order to make sure they get the best possible
conditions, Keystone Insurance prepare quotations for a company's insurance needs or
arrange agency transfer for clients who are not happy with their current
construction insurance provider.


Web Site: http://www.keystone.ie

Contact Details: Keystone Insurance
59 Park Street
Dundalk
Co Louth
Phone: 042-9393993
Fax: 042-9395133
E-mail: info@keystone.ie