Whether it is a commercial, residential or engineering project, it is important to be protected against potential loss of revenue should a contractor or subcontractor incident occur. Lockton is committed to assist you in achieving your business goals, whether that be reducing or controlling claims costs and financing risks - enabling you to deliver your projects on time and to budget.

SERVICE

Construction Insurance

Understanding risk exposures

Whether it is a commercial, residential or engineering project, it is important to be protected against potential loss of revenue should a contractor or subcontractor incident occur. Lockton is committed to assist you in achieving your business goals, whether that be reducing or controlling claims costs and financing risks - enabling you to deliver your projects on time and to budget.

Specialization

  • Construction/Erection All Risk and Builder’s Risk​​

  • General Liability, Third Party Liability and Public Liability​​

  • Statutory Liability​

  • Delay in Start-Up and Advanced Loss of Profit​​

  • Marine Cargo and Inland Transit​​

  • Professional Liability/Indemnity​

  • Political Risk/Violence and Sabotage & Terrorism​​

  • Surety Bond​​

  • Property All Risk​​

  • Business Interruption​

Latest News & Insights

Lockton appoints Subhash Chandra as Head of Life & Health Reinsurance for People Solutions in Asia. Based in Singapore, he brings 18+ years of industry expertise.Lockton welcomes Julian Park as Head of People Solutions, South Korea. Based in Seoul, Julian brings extensive expertise in HR transformation, M&A, and health solutions.Lockton Welcomes Two Senior Leaders to Strengthen People Solutions Capabilities Across Asia

Personalization and Digitalization: Rethinking Flexible Benefits for a Multigenerational Workforce

Discover how digitalization and personalized flexible benefits drive engagement across Baby Boomers, Gen X, Millennials, and Gen Z. Learn how LocktonEngage optimizes HR strategy and talent retention.Discover how digitalization and personalized flexible benefits drive engagement across Baby Boomers, Gen X, Millennials, and Gen Z. Learn how LocktonEngage optimizes HR strategy and talent retention.

Why Cyber Business Interruption Insurance Is a Lifeline for Retailers in Asia

Discover why cyber business interruption insurance is vital for Asia’s retailers facing ransomware, data breaches, and e-commerce disruptions.Discover why cyber business interruption insurance is vital for Asia’s retailers facing ransomware, data breaches, and e-commerce disruptions.

Why risk needs to be part of your renewable project narrative

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.
More Articles news and insights

Key Contacts

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Shane Yun

Senior Vice President / Team Head, Construction
Shane.Yun@lockton.com

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Wonhun Chung

Senior Vice President, Construction
Wonhun.Chung@lockton.com