Backed by over 30 years’ experience, and supported by our network of partners around the world, our dedicated team of real estate and construction specialists have a detailed understanding of your particular issues and of your wider sector risks. We draw on our extensive network of some of the world’s best insurers to create a strategy that works for you.

PRODUCTS AND SERVICES

Global Real Estate and Construction

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Targeted risk solutions, built to last

In the real estate and construction sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder delivery of project goals. We use risk management and insurance strategically to reduce this uncertainty, giving your business a competitive advantage while protecting your bottom line.

Backed by over 30 years’ experience, and supported by our network of partners around the world, our dedicated team of real estate and construction specialists have a detailed understanding of your particular issues and of your wider sector risks. We draw on our extensive network of some of the world’s best insurers to create a strategy that works for you.

Wherever you are in the property/development cycle, we focus on your business, your risks and your needs. We work in partnership with you to develop solutions in your interests, supporting your firm’s long-term success.

What we bring to your business

  • Exceptional service - Lockton has a client retention rate of 98%, thanks to our exceptional standards of service and our commitment to meeting your changing needs

  • Full transparency - We provide open and honest advice and are fully transparent about fees, so you know exactly what you are paying for at every stage

  • Efficient claims - We understand the importance of a fast and proficient claims service and have our own in-house dedicated claims team for both real estate and construction claims, to assist every step of the way

  • Value assured - We negotiate the broadest terms at the most competitive rates – our policy wording goes beyond those of non-specialist brokers

  • The right solution - Whether you are looking for tailored cover or risk transfer solutions, we bring the same level of scrutiny, knowledge and enthusiasm to every client, making sure we understand every aspect of your needs and aspirations

Areas of expertise

  • International property portfolio risk programmes for residential and commercial real estate

  • Specialist solutions for contractors from house building to civil engineering projects worldwide

  • Total project insurance – you have control of the programme

  • Private finance initiative (PFI) and public private partnership (PPP) projects – due diligence consultancy for investors, lenders and government bodies

  • Power, energy, infrastructure and regeneration projects

  • Contingent and special risks, including rights to light, title, judicial review etc.

  • Risk management advice and guidance

Get the latest news

Keep up to date with industry news, topical articles and the events we are hosting through our monthly newsletter.

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Global Real Estate and Construction Team

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Richard Owen

Head of Lockton Global Real Estate & Construction
richard.owen@lockton.com
+00 44 777 617 0759

GREAC~

Mark Rose

Partner, Head of Global Real Estate and Construction
mark.rose@lockton.com
+00 44 207 933 2621

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David Hayhow

Partner
david.hayhow@lockton.com
+44 207 933 2624

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Ben Warman

Partner | Practice Leader
ben.warman@lockton.com
+44 07810 815 863

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Jonathan Hackett

Head of New Business
jonathan.hackett@lockton.com
+00 44 207 933 2781

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Freyr Mervick

Europe Contact
freyr.mervick@mt.lockton.com

News and Insights

Cyber insurance cover offers vital protection against a critical business risk. Below, we explain what it is, and how it can benefit you.How cyber insurance can support your business

UK's Terrorism Act 2025: impact on insurance

The UK’s new Terrorism Act 2025 has received Royal Assent in April 2025, introducing enhanced accountability for the safety and security of public venues and establishing a new legal bar for negligence in the mitigation of terrorism risks. 
Organisations affected will need to (re-)assess the risk of terror attacks, implement measures to reduce the risk, and put together robust terrorism plans. In particular, smaller organisations that may not be regarded as obvious targets may need to take action, as many of them will have never formally assessed terrorism threats. Furthermore, affected businesses will need to review their insurance policies to ensure appropriate cover.
The UK’s new Terrorism Act 2025 has received Royal Assent in April 2025, introducing enhanced accountability for the safety and security of public venues and establishing a new legal bar for negligence in the mitigation of terrorism risks. 
Organisations affected will need to (re-)assess the risk of terror attacks, implement measures to reduce the risk, and put together robust terrorism plans. In particular, smaller organisations that may not be regarded as obvious targets may need to take action, as many of them will have never formally assessed terrorism threats. Furthermore, affected businesses will need to review their insurance policies to ensure appropriate cover.

Forwarding thinking, forward funding: how W&I insurance can respond to forward funding transactions

Over the last few years, forward funding deals have become an increasingly popular structure within real estate development. For investors looking to balance the risk and rewards of a project with a developer, the structure can bridge the gap in liability expectations. By taking advantage of Warranty and Indemnity (W&I) Insurance, investors can further de-risk these transactions.Over the last few years, forward funding deals have become an increasingly popular structure within real estate development. For investors looking to balance the risk and rewards of a project with a developer, the structure can bridge the gap in liability expectations. By taking advantage of Warranty and Indemnity (W&I) Insurance, investors can further de-risk these transactions.

Trade credit: protecting your business from customer default

The economy's current volatility requires your business to be sufficiently protected against the risk of non-payment for already delivered goods or services. Whilst best practice can help reduce your risk, trade credit insurance gives you access to exclusive market intelligence and vital protection.The economy's current volatility requires your business to be sufficiently protected against the risk of non-payment for already delivered goods or services. Whilst best practice can help reduce your risk, trade credit insurance gives you access to exclusive market intelligence and vital protection.
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