Serving you better
IIL launches new DSU guidance
Publication date:
08 December 2022
Last updated:
25 February 2025
Author(s):
Chartered Insurance Institute
The Insurance Institute of London (IIL) has launched a new publication covering Delay in Start Up (DSU) insurance. This has been produced with both practitioners and academics in mind, with content aimed to inform insurance brokers and underwriters, as well as loss adjusters, risk engineers and lawyers. It is also a valuable asset for purchasers of DSU which includes project owners, investors, and other lenders.
DSU insurance is designed to provide for loss of revenue until commercial operation commences. It is the insurance of revenue for projects under construction designed to provide cover for the financial consequences of a project being delayed due to an insurable event.
This complex but vital cover ensures major developments and important infrastructure projects can be protected in the event of a delay in relation to the income that is required to pay debt interest or capital repayment, and guard against a loss in normal profit generation that would have commenced with commercial operation.
Stephen Coward, specialist insurance consultant and lead author/project manager of the publication, said “This publication is the work product of a compact team of hand-picked market experts representing all sides of the industry and is essential reading for those interested in or who wish to increase their knowledge of DSU (re)insurance in relation to construction projects and marine cargo risks.”
Find out more about the launch event
This document is believed to be accurate but is not intended as a basis of knowledge upon which advice can be given. Neither the author (personal or corporate), the CII group, local institute or Society, or any of the officers or employees of those organisations accept any responsibility for any loss occasioned to any person acting or refraining from action as a result of the data or opinions included in this material. Opinions expressed are those of the author or authors and not necessarily those of the CII group, local institutes, or Societies.