Our breadth and depth of experience, market presence and dedicated construction specialists located across Australia ensure that we deliver the insurance, risk management advice and support that your business needs. We have a detailed, local understanding of the issues you face and access to an extensive network of the world’s specialist insurers.

— PRODUCT

Construction

Insurance Solutions for all Stages of Project Delivery

Our breadth and depth of experience, market presence and dedicated construction specialists located across Asia ensure that we deliver the insurance, risk management advice and support that your business needs. We have a detailed, local understanding of the issues you face and access to an extensive network of the world’s specialist insurers.

Insurance that Delivers when You Need It Most

We are committed to providing exceptional standards of service through innovative insurance and risk management solutions. This will 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.

Specialist Expertise

Project owners, developers, architects and engineers, contractors and trade specialists at every level depend on our team’s expansive construction risk expertise. Our approach to risk extends beyond buying insurance and the efficacy of our client partner’s approach to risk, including management controls and risk financing strategy, is a key component of the risk transfer process.

Our Products and Services

We offer a range of products including:

  • Contract works

  • Third party liability

  • Delay in start-up

  • Surety

  • Cyber

  • Parametric products (non-damage business interruption)

  • Statutory liability

  • Builders warranty

  • Marine cargo and transit

Our services include:

  • Claims advocacy

  • In-depth contract review and advice

  • Negotiation with lenders and legal (due diligence)

  • Risk control services and consulting

  • Analytics

  • Program design (annual, project specific, and difference in conditions)

Secure your Site with a Bespoke Wrap-up Program

Whether it’s a commercial, residential or engineering project, it is important to protect against potential loss of revenue should a contractor or subcontractor incident occur.


Lockton’s Controlled Insurance Programs or Wrap-Up, is tailored to your complex needs and specific project requirements.

Integrating loss control, claims management and risk management under a Controlled Insurance Program, all enrolled contractors and/or subcontractors at the project site receive adequate and consistent coverage aligned to contract requirements.

We operate in the following key areas:

  • Onshore power and energy

  • Oil, gas and petrochemicals

  • Mining

  • Commercial and residential building and civil engineering

Key Contacts

Carol
Chan
SVP, Head of Real Estate & Construction, Power & Energy – Greater China
Email
Tessie
Tang
SVP, Head of Beijing
Email
Christopher
Cheng
SVP, Head of Builders Risk - Corporate PEC
+852 2250 2628
Email
General
Inquiries
General Inquiries
Email

Latest News & Insights

Lockton, the world’s largest independent insurance broker, is proud to announce a two-year sponsorship of Data Cloud, a leading platform for thought leadership in the data centre, cloud, artificial intelligence, and digital infrastructure sectors. Lockton announces 2-year sponsorship of Data Cloud to support evolving Data Center Risks Landscape

Lockton announces 2-year sponsorship of Data Cloud to support evolving Data Center Risks Landscape

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Lockton announces 2-year sponsorship of Data Cloud to support evolving Data Center Risks Landscape

5 Proven Strategies to Reduce Employee Healthcare Costs Without Compromising Benefits

Optimize Employee Healthcare Plans with IPMI Solutions Providing comprehensive healthcare coverage for employees is a top priority for businesses, yet rising healthcare costs and inflation pose significant challenges. Companies across Asia are feeling the pressure from increasing healthcare expenses driven by higher labor, equipment, and medicine costs. However, with the right strategies, businesses can leverage global healthcare solutions like International Private Medical Insurance (IPMI) to manage costs effectively without compromising essential benefits. IPMI stands out as an exceptional option for enhancing benefits for top global talent, expatriates, and frequent travelers. This insurance ensures seamless access to medical facilities across multiple countries, allowing individuals to receive necessary care wherever they are in the world. HR leaders can evaluate the advantages of IPMI alongside local health insurance plans to choose the best option for their organization. Here are five strategies for HR leaders in Asia to optimize employee healthcare plans and reduce costs without sacrificing quality: Evaluate and Refresh Your Current Plan: Regularly review healthcare policies to ensure they remain competitive and aligned with evolving employee needs. Offering global healthcare options like IPMI can attract and retain top talent. Consider Switching Providers: Take advantage of the competitive healthcare insurance market in Asia by exploring alternative insurers. Negotiate special rates for IPMI policies while ensuring local employees are covered through cost-effective plans. Analyze Claims Data for Cost Drivers: Identify patterns in claims data to uncover cost drivers. Educate employees on appropriate coverage use to reduce unnecessary claims and optimize IPMI utilization. Invest in a Wellness Program: Encourage healthier lifestyles through wellness initiatives, which can lower healthcare costs and improve employee productivity and satisfaction. Complement IPMI benefits with programs that promote overall wellbeing. Partner with a Trusted, Client-Focused Broker: Navigate complex insurance options by partnering with an experienced broker. They can help optimize healthcare strategies, ensuring compliance and providing support for claims management and wellness program implementation. At Lockton, we understand the challenges businesses face in managing healthcare costs while delivering high-quality benefits. By integrating customized healthcare plans with optional IPMI enhancements for mobile and international employees, we help companies develop cost-effective solutions that cater to their diverse workforce needs.Optimize Employee Healthcare Plans with IPMI Solutions Providing comprehensive healthcare coverage for employees is a top priority for businesses, yet rising healthcare costs and inflation pose significant challenges. Companies across Asia are feeling the pressure from increasing healthcare expenses driven by higher labor, equipment, and medicine costs. However, with the right strategies, businesses can leverage global healthcare solutions like International Private Medical Insurance (IPMI) to manage costs effectively without compromising essential benefits. IPMI stands out as an exceptional option for enhancing benefits for top global talent, expatriates, and frequent travelers. This insurance ensures seamless access to medical facilities across multiple countries, allowing individuals to receive necessary care wherever they are in the world. HR leaders can evaluate the advantages of IPMI alongside local health insurance plans to choose the best option for their organization. Here are five strategies for HR leaders in Asia to optimize employee healthcare plans and reduce costs without sacrificing quality: Evaluate and Refresh Your Current Plan: Regularly review healthcare policies to ensure they remain competitive and aligned with evolving employee needs. Offering global healthcare options like IPMI can attract and retain top talent. Consider Switching Providers: Take advantage of the competitive healthcare insurance market in Asia by exploring alternative insurers. Negotiate special rates for IPMI policies while ensuring local employees are covered through cost-effective plans. Analyze Claims Data for Cost Drivers: Identify patterns in claims data to uncover cost drivers. Educate employees on appropriate coverage use to reduce unnecessary claims and optimize IPMI utilization. Invest in a Wellness Program: Encourage healthier lifestyles through wellness initiatives, which can lower healthcare costs and improve employee productivity and satisfaction. Complement IPMI benefits with programs that promote overall wellbeing. Partner with a Trusted, Client-Focused Broker: Navigate complex insurance options by partnering with an experienced broker. They can help optimize healthcare strategies, ensuring compliance and providing support for claims management and wellness program implementation. At Lockton, we understand the challenges businesses face in managing healthcare costs while delivering high-quality benefits. By integrating customized healthcare plans with optional IPMI enhancements for mobile and international employees, we help companies develop cost-effective solutions that cater to their diverse workforce needs.

Payment considerations following ransomware attacks

Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence. Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

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.
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