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
Tessie
Tang

SVP, Head of Beijing
General
Inquiries

General Inquiries

Latest News & Insights

Climate change poses several challenges for viticulture. Grapes are vulnerable to changes in temperature, precipitation, water availability, pests and diseases, and extreme weather events. Changes in weather patterns are becoming less predictable and they can have significant impacts on the yield, ripening, sugar content, acidity, phenolic compounds, and aroma of the grapes. Mitigating the climate change impact on vineyards

The Case for Flexible Benefits

Flexible benefits programs are becoming essential for modern businesses navigating the complexities of human resources. As organizations adapt to changing economic conditions and employee needs, HR teams face unique challenges daily. Flexible benefits offer a solution by allowing employees to select from a range of insurance options tailored to their personal circumstances, enhancing diversity, equity, and inclusion (DEI) initiatives.
These programs not only improve employee engagement and health outcomes but also enable companies to manage benefits costs effectively. By providing employees with choices, companies can foster satisfaction and incentivize healthier lifestyles, while also controlling expenditures on benefits.
Incorporating flexible benefits can significantly strengthen a company’s employee value proposition, making it a strategic tool for businesses of all sizes. Explore how flexible benefits can transform your workplace and support your HR objectives. For more insights, visit our People Solutions webpage.Flexible benefits programs are becoming essential for modern businesses navigating the complexities of human resources. As organizations adapt to changing economic conditions and employee needs, HR teams face unique challenges daily. Flexible benefits offer a solution by allowing employees to select from a range of insurance options tailored to their personal circumstances, enhancing diversity, equity, and inclusion (DEI) initiatives.
These programs not only improve employee engagement and health outcomes but also enable companies to manage benefits costs effectively. By providing employees with choices, companies can foster satisfaction and incentivize healthier lifestyles, while also controlling expenditures on benefits.
Incorporating flexible benefits can significantly strengthen a company’s employee value proposition, making it a strategic tool for businesses of all sizes. Explore how flexible benefits can transform your workplace and support your HR objectives. For more insights, visit our People Solutions webpage.

New Head of Market Management Group, Asia

Lockton is pleased to announce the appointment of Richard Turner as the Asia Head of Market Management Group (MMG), effective from August 21, 2024. Richard will play a key role in establishing Lockton Asia’s market-leading carrier management function by building and launching the Market Management Group (MMG) for the region.Lockton is pleased to announce the appointment of Richard Turner as the Asia Head of Market Management Group (MMG), effective from August 21, 2024. Richard will play a key role in establishing Lockton Asia’s market-leading carrier management function by building and launching the Market Management Group (MMG) for the region.

Steps you need to take during a data breach

Today, businesses face increasing risks of data breaches due to their reliance on digital systems. Cybercriminals can access sensitive information, leading to severe financial losses, legal repercussions, and reputational damage. The urgency for enhanced cybersecurity measures has never been more critical.
Recent incidents underscore this need. In June 2024, a major health maintenance organization exposed personal data of 13,000 members, while a prominent fast-food chain compromised delivery records of approximately 11 million customers, including sensitive information. Additionally, two private companies reported breaches after claims surfaced about customer data being sold online.
To mitigate these risks, businesses should take immediate action by confirming breaches, securing vulnerabilities, documenting incidents, notifying affected parties, and implementing improvements. Key steps include:
Assessment and Confirmation: Verify breaches with evidence, monitor for unusual activities, and review service provider access.
Secure Vulnerabilities: Disconnect affected systems, update credentials, and consult with legal and cybersecurity experts.
Documentation: Collect evidence and maintain clear communication throughout the investigation.
Notify Affected Parties: Inform the National Privacy Commission and provide detailed notifications to those impacted.
Implement Improvements: Conduct post-breach reviews to enhance security measures and compliance.
At Lockton, we specialize in comprehensive cyber risk management programs tailored to protect your business, preserve your reputation, and enable growth. Our approach includes access to cybersecurity specialists, legal counsel, and public relations experts to craft customized solutions for your unique needs.
For more information or a consultation, contact Eunice Park at eunice.park@lockton.com.Today, businesses face increasing risks of data breaches due to their reliance on digital systems. Cybercriminals can access sensitive information, leading to severe financial losses, legal repercussions, and reputational damage. The urgency for enhanced cybersecurity measures has never been more critical.
Recent incidents underscore this need. In June 2024, a major health maintenance organization exposed personal data of 13,000 members, while a prominent fast-food chain compromised delivery records of approximately 11 million customers, including sensitive information. Additionally, two private companies reported breaches after claims surfaced about customer data being sold online.
To mitigate these risks, businesses should take immediate action by confirming breaches, securing vulnerabilities, documenting incidents, notifying affected parties, and implementing improvements. Key steps include:
Assessment and Confirmation: Verify breaches with evidence, monitor for unusual activities, and review service provider access.
Secure Vulnerabilities: Disconnect affected systems, update credentials, and consult with legal and cybersecurity experts.
Documentation: Collect evidence and maintain clear communication throughout the investigation.
Notify Affected Parties: Inform the National Privacy Commission and provide detailed notifications to those impacted.
Implement Improvements: Conduct post-breach reviews to enhance security measures and compliance.
At Lockton, we specialize in comprehensive cyber risk management programs tailored to protect your business, preserve your reputation, and enable growth. Our approach includes access to cybersecurity specialists, legal counsel, and public relations experts to craft customized solutions for your unique needs.
For more information or a consultation, contact Eunice Park at eunice.park@lockton.com.
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