Crossrail signs nine-year no-break deal with Zurich, Ace and Swiss Re
The £15.9bn Crossrail construction project has become the first of its kind to negotiate a nine-year insurance policy to be placed in the global insurance market without a break clause.
Swiss Re and Zurich Insurance were appointed as the lead insurers on the project, following a tender process by broker Heath Lambert. It has been supported by the excess liability markets led by QBE
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