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.
Insurance that delivers when you need it most
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.
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.
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.
Third party liability
Delay in start-up
Parametric products (non-damage business interruption)
Marine cargo and transit
Contractor’s pollution and environmental legal liability
Professional indemnity both annual and project specific
Bespoke coverage/program design
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
Commercial and residential building
Our services include:
In-depth contract review and advice
Negotiation with lenders and legal (due diligence)
Risk control services and consulting
Program design (annual, project specific, and difference in conditions)
Wherever you are in the construction journey – from project conception to completion - it is important to be risk-aware.
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