State and Federal investment in infrastructure is at unprecedented levels. Government, as project sponsor and owner, is seeking high levels of risk assurance driving value for money principles without compromising safety, quality and project delivery. Project stakeholders are expected to meet the levels of risk assurance set out by the State and Federal Governments.
Providing dedicated technical insurance services to state-sponsored projects/assets
State and Federal investment in infrastructure is at unprecedented levels. Government, as project sponsor and owner, is seeking high levels of risk assurance driving value for money principles without compromising safety, quality and project delivery. Project stakeholders are expected to meet the levels of risk assurance set out by the State and Federal Governments.
The demand is for more effective and more systematic approaches to risk and risk solutions. The Lockton team is unrivalled for experience and know-how and has advised and placed insurance for major infrastructure projects/assets on behalf of Government and project owners/sponsors across Australia, and internationally. Our team collectively has:
• >200 years of experience handling major infrastructure/building projects • >$150bn worth of contract values representing projects advised and insured
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Dedicated technical insurance services for Government Infrastructure Projects
Analytics, loss modelling and parametric solutions: climate change challenges
We look beyond the traditional and search wider to find new answers and alternative solutions.
Our analytics and loss modelling capabilities allow our clients to look at known risks through a new lens; identifying new solutions to old problems. We also design and procure non-traditional parametric solutions for our clients; providing greater certainty for projects against weather events, such as wind, flood, rain, cyclone, heat and other similar weather.
With no conflicting interests we are able to provide full insurable-risk related advisory, full insurance program design and market placement, claims advocacy, contract and wording reviews and a dedicated project advisor/broker; from project conception through to project commercial operations.
With more than $100bn of infrastructure spending expected by 2030, the need for expertise and experience has never been greater. Lockton is committed to supporting successful sustainable projects that benefit all Australians.
Key Contacts
Peter Jeeves
National Manager, Construction & State Manager, Queensland
peter.jeeves@lockton.com
+61 419 945 075
Tony Meakin
National Manager, Melbourne
Stephen Kerridge
National Manager, Resources
stephen.kerridge@lockton.com
+61 448 219 630
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