The Construction Consortium at Lloyd's in London (CCAL) was formed in 2013 by Beazley (623/2623), CNA Hardy (4444), Canopius (4444) and Talbot (1183), who were then joined, in 2016, by Travelers (5000). The consortium underwrites insurance and reinsurance of construction and engineering projects worldwide and offers the capacity to lead terms on major projects of up to US$320 million on a PML basis. The consortium has been carefully designed to ensure that the specialist expertise of the individual consortium partners can be swiftly backed by substantial capacity.