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.

PRODUCTS AND SERVICES

Construction and Engineering

Insurance solutions for all stages of project delivery

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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.

Our Products

  • 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 

  • Contractor's plant 

  • Contractor’s pollution and environmental legal liability

  • Professional indemnity both annual and project specific

  • Employee benefits

  • Latent defects 

  • Bespoke coverage/program design

  • Trade credit 

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.

Our Services

We operate in the following key areas:

  • Onshore power and energy

  • Oil, gas and petrochemicals

  • Mining

  • Commercial and residential building

  • Civil engineering

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)

We pride ourselves on our ability to optimise your risk profile for effective presentation to the insurance market, and as a result being able to deliver innovative solutions offering the broadest protection while reducing your costs.

Construction Brochure

Wherever you are in the construction journey – from project conception to completion - it is important to be risk-aware.

Lockton Construction Brochure
PDF1332 KB

Key Contacts

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Peter Jeeves

National Manager, Construction & State Manager, Queensland
peter.jeeves@lockton.com
+61 419 945 075

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Michael Martin

Manager, Construction
michael.martin@lockton.com
+61 419 424 270

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Ross Corvaia

Manager, Corporate Risks
ross.corvaia@lockton.com
+61 401 361 557

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Talk to our team

Latest news and insights

IT outages such as the one involving CrowdStrike are likely to occur more often in the future. Businesses can prepare for such events by quantifying their cyber risk, creating plans that minimize the downtime of critical functions, and securing effective cyber insurance coverage.Protecting your business from IT outages

Microsoft/CrowdStrike IT Outage

Microsoft/CrowdStrike IT OutageMicrosoft/CrowdStrike IT Outage

Expanding our National Footprint: Adelaide

Lockton opens its first Adelaide office and announces the appointment of two highly regarded South Australian brokersLockton opens its first Adelaide office and announces the appointment of two highly regarded South Australian brokers

Cyber Market Update - Hong Kong, July 2024

Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.
See all news and insights