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.

INDUSTRY

Real Estate and Construction

Your strategic partner for property risk management

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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 with offices in the UK and Australia. 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 Australian 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.

Our Products and Services

We offer a range of innovative solutions tailored to your property insurance needs:

  • Property and business interruption

  • Public and product liability

  • Construction - all risks 

  • Plant and machinery

  • Transactional insurances

  • Tenant risk insurances

  • Commercial and residential strata 

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.

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Lockton has delivered us unparalleled service and a considerable breadth of insurance advice. They have become one of our trusted professional advisors and really an extension of our team.
Invesco Asset Management Ltd

Key Contacts

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Stephen Cooper

Head of Global Real Estate & Construction, Australia
stephen.cooper@lockton.com
+61 401 322 358

With a global footprint of 135+ offices, there’s sure to be one near you.

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*135+ Lockton offices and partner offices worldwide
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Latest news and insights

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However, correctly leveraging AI-driven tools within security teams will be crucial in establishing cyber resilience for organisations. 

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Following the Cybersecurity Act and Privacy Act Reforms from the end of 2024, we anticipate that data exposure will continue to be a focus for 2025 with regulatory updates expected later this year.  

Safeguarding personal information will need to be a top priority for organisations, especially those holding mass data, this is likely to intensify as threat actors mature. According to an article published by SecurityBrief, 2024 saw a number of phishing attacks involving the impersonation of financial institution representatives. 

However, correctly leveraging AI-driven tools within security teams will be crucial in establishing cyber resilience for organisations. 

Thoe organisations that effectively integrate AI into their cybersecurity strategies will be more advantageous in protecting their IP, data and systems from rapid proliferation of threats.  

Following the Cybersecurity Act and Privacy Act Reforms from the end of 2024, we anticipate that data exposure will continue to be a focus for 2025 with regulatory updates expected later this year.  

Safeguarding personal information will need to be a top priority for organisations, especially those holding mass data, this is likely to intensify as threat actors mature.

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