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.
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.
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.
Key Contacts
Stephen Cooper
Head of Global Real Estate & Construction, Australia
stephen.cooper@lockton.com
+61 401 322 358
Get in touch
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