Risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder project delivery. Where ever you are in the construction journey – from project conception to completion it is important to be risk-aware and ensure you have the necessary insurance to cover accidental risks of physical loss or physical damage during construction, third party liability and advance loss of profits.

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Construction

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Rely on specialist expertise to protect your business

Risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder project delivery. Where ever you are in the construction journey – from project conception to completion it is important to be risk-aware and ensure you have the necessary insurance to cover accidental risks of physical loss or physical damage during construction, third party liability and advance loss of profits.

Builders, designers, architects, engineers and trade specialists at all stages of a project depend on Lockton to identify potential risks and produce a customised program to cover them. Our priority is to provide the most comprehensive cover while reducing your total cost.

Our industry experience includes managing small to multi-billion dollar projects within oil, gas, petrochemicals, mining, iron and steel, transportation, buildings and civil engineering.

As a specialist in construction, Lockton has built strong relationships with domestic and international providers at all levels from underwriters to management. This gives us the leverage in the marketplace to successfully deliver your program and ensure that you are always matched to the provider who best meets your specific needs.

Our Products and Services

  • Contract Works and Builders Warranty

  • Trade Credit and Surety

  • Property and Business Interruption

  • Plant and Machinery

  • Accident and Health

  • Public and Product Liability

  • Workers' Compensation

Our team has specialist experience in the design, placement and servicing all types of onshore power, energy and construction projects throughout the world. We arrange insurance and risk transfer options for single projects as well as global facilities with multi project coverage.

Interested in mutual catastrophe cover? Ask us for more information on contract works insurance programs in territories affected by natural catastrophe such as wind storm, flood zones and similar. Our experts can help you with:

  • Full cover for projects

  • Difference in conditions cover

  • Deductible buy-down protection

With a global footprint of over 100 offices, there’s sure to be one near you.

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