About Us

CPE risks can be complex and demand specialist and technical skills. Our experienced and dedicated CPE underwriters at Phoenix have honed those skills over many years and are committed to providing bespoke solutions for our clients’ particular needs.

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Our global CPE cover is intended to cover plant & equipment owned and hired in by contractors on an ‘all-risks’ policy basis. We write both CPE insurance and reinsurance on a global basis backed by an all-Lloyd’s panel rated at AM Best A+ (Superior). 

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We have enjoyed long-term relationships with insureds, producers, engineers and London market brokers over many years which has driven our expertise and knowledge of the product so are able to provide bespoke solutions for our insureds.

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Risk appetite

Our appetite is broad and includes nearly all types of plant and equipment across many industries including:

• Construction
• Civil engineering
• Groundworkers
• Mining (for equipment above and underground)
• Cranes
• Agriculture/ forestry
• Energy

We write business across the world where Lloyds is licensed and we always adhere to relevant sanctions where applicable.

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Coverage Limits

• Maximum line USD25m each and every occurrence (Phoenix share)
• 50% Phoenix maximum participation any one risk
• Annual business up to maximum period 18 months.
• Lead or follow lines considered
• TPL up to USD1m eeo considered (Non-US/ Australia)
• ICOW USD1m considered
• Plant hired out (wet or dry hire)
• We do not write large stand-alone TBMs or oil and gas drilling rigs

We will always reward insureds who are able to demonstrate excellent safety and risk management practices. Discounts will also be applied where insureds can evidence robust, scheduled maintenance protocols along with operator training and quality.

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We can write on our own wide CPE wording, agreed broker manuscript or on a Munich Re CPM form.

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Contact us for further information:

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Paul Kissane

Head of Global CPE

E Paul.kissane@phoenixsul.com

M 07956 691821

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Paul Joined Phoenix Specialty as Head of Global CPE in April 2025.

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Having initially trained as a financial accountant, Paul Kissane has been in the insurance industry now for over 20 years enjoying previous trading underwriter roles for WRB, Pioneer & Castel. Paul has specialised in mining CPE in Australia, Latin America and across the world and has built up many relationships in London and overseas.

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Paul lives in a small village in Sussex with his wife and teenage daughter returning to his native London to watch his beloved QPR!