Insurance market

The Insurance Market has frequently requested Motrice’s specialized technical services. Regulatory changes in this sector associated with construction projects have further boosted this demand.

Motrice has carried out the evaluation and monitoring of projects within the scope of various types of insurance, such as engineering risks and surety bonds , among others.

Its performance starts from the risk underwriting support phase, goes through the monitoring of projects and also includes technical support in the analysis of claims. The application of statistical tools contributes to the presentation of consistent assessments and recommendations for each project, in addition to supporting the analysis of the insurer’s portfolio.

In addition to the monitoring that has been carried out on the engineering risks of various works, it is worth mentioning the service that Motrice offers for risk analysis and monitoring of costs, deadlines and compliance with contractual requirements of projects in accordance with surety policies, which are regulated according to the new Brazilian bidding law (Law 14.133/21).  Supported by scenario simulations and probabilistic tools, Motrice performs qualitative and quantitative analyzes of data collected from each project.

In cases of application of the Step In clause included in the aforementioned Law, Motrice is also qualified to act directly in the project’s management and also offers insurance companies an orientation guide for the adoption of a Step In process, by which the insurer assumes the work not completed by the original contractor.

Motrice also offers a risk analysis service, in line with Portaria 959 – Programa Casa Verde e Amarela issued by Brazilian government. Performs technical control within the scope of IDI policies (Inherent Defect Insurance), considering the evaluation of engineering designs, execution of works and use and operation of built elements and facilities.