Zurich North America has launched a new insurance structure designed to meet the complex needs of large-scale construction projects.  

The Fronted Master Builders Risk (MBR) solution has already supported more than $80bn in insurable values, the company said.  

The newly unveiled solution provides a unified policy framework that encompasses claims handling, risk engineering services and the integration of multinational coverage.  

The structure will facilitate the management of insurance coverage across different regions and timelines, streamlining the process for both brokers and clients. 

The solution is tailored for owners and contractors overseeing projects valued at more than $250m and is suitable for both domestic and international projects, the insurer added.  

The solution offers multi-year terms and global coverage for project bidding and forecasting, with simplified claims administration through a single point of contact. 

An important advancement within Zurich’s offering is the automation of the formerly manual project enrollment process.  

The company’s team has developed a technology-driven workflow that improves the efficiency of integrating multinational coverage, calculating premiums and generating documents. 

Zurich North America head of construction property Patrick McBride said: “We began developing this at the request of an e-commerce company for one of the largest MBR programmes ever created.  

“Since its initial introduction, we have rapidly scaled Zurich’s Fronted MBR solution into a global offering, based on demand. Brokers and customers immediately grasped the benefits. The enthusiasm we are seeing tells us we are addressing a real need in the market.” 

Zurich Insurance Group reported net income attributable to shareholders after tax of $3.06bn (SFr2.48bn) for the first half of 2025, a 1% increase from the previous year.  

The company also witnessed 6% growth in its group business operating profit to $4.2bn for the period ending 30 June 2025.