What are the benefits offered by Zurich Insurance to CIAPS accredited companies?
Working in partnership with CIAPS , Zurich Insurance has developed a unique insurance facility for construction companies that are CIAPS members in recognition of the independently validated competencies and standards. This facility is a rating model that provides registered companies with preferential rates at all levels. In addition, accredited and endorsed registered companies will benefit from a unique cash rebate* clause designed to reward superior performance. The scale of benefit is correlated to the CIAPS levels and is, therefore, aspirational in make-up : Accredited Endorsed If there are no claims 15% 20% If claims do not exceed 40% of premiums 10% 15% If claims do not exceed 50% of premiums 7.5% 10% If claims do not exceed 60% of premiums 5% 5% * subject to renewal and the Employer’s Liability, Public Liability and Contractors All Risks covers being held by Zurich. The rebate is paid in cash and is not a discount off the next renewal. Currently this facility only applies to C
