In the real estate and development sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management and risk transfer strategies are designed to reduce this uncertainty, giving your business a competitive advantage.
Real Estate and Construction Specialists
Your strategic partner for property risk management
A truly global real estate practice
In the real estate and development sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management and risk transfer strategies are designed to reduce this uncertainty, giving your business a competitive advantage.
Our real estate practice is truly global. The team is made up of over 140 Partners and Associates who have significant experience in this specialist sector – they have a detailed, local understanding of the issues you face and an extensive network of some of the world’s best insurers.
Wherever you are in the property chain – from a developer through to operator, investor or manager – we focus on your business and the risks you face. We work with you as a long-term, strategic partner, to develop the appropriate solutions enabling you to focus on what you do best.
Expertise
We have extensive experience in the design, placement and administration of both New Zealand and global real estate insurance programs, including:
Material damage coverage for all types of assets
Public and property owner’s liability
Insurance due diligence services for lenders and acquisitions
Transactional insurance
We also have an extensive suite of complimenting products and services to transfer and/or manage the risks that owners and managers face.
Asset online
Lockton has developed a software package called Asset, a market-leading insurance and risk management platform that enables our clients to efficiently manage their property portfolios and supports our broking service. The secure online system gives you access to real-time claims information, analysis of historic loss data, credit control for reconciliations and invoicing, risk exposure information, tailored policy wordings and risk management control across multiple locations.
Our Products and Services
We offer a range of innovative solutions tailored to your property insurance needs, including:
Tailored insurance cover, including coverage for lease incentives, tenancy default, contractual liability and contingent risks.
Innovative insurance solutions to help mitigate clients’ exposures. Specialist tools are designed to give management control over the property risk management and insurance process.
A streamlined claims handling process, including appointing nominated loss adjusters, live online claims data, and tools for detailed trend analysis and claims reporting.
Property and business interruption
Public and product liability
Construction - all risks
Plant and machinery
Transactional insurances
Tenant risk insurances
Commercial and residential strata
With a global footprint of 135+ offices, there’s sure to be one near you.
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