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

Partner
richard.owen@lockton.com
+44 777 617 0759

GREAC~

Mark Rose

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

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David Hayhow

Partner, Practice Leader Global Construction Practice
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

The onset of winter means brings with it shorter days, freezing weather, and icy roads. This makes driving increasingly hazardous; according to data from Admiral, the months from November to February see the highest percentage of severe accidents take place, with a 25% spike of car accident claims in November compared to April. Navigating the dangers of winter driving

Digital assets and probate: key considerations for executors

Digital assets – from cryptocurrency and non-fungible tokens (NFTs), to stablecoins, central bank digital currencies (CBDCs), and more – is a rapidly evolving field. Once a niche interest, around 12% of UK adults now own some form of digital assets – equivalent to 7 million people. According to Financial Conduct Authority research, consumers increasingly view these assets as part of their wider investment portfolio.

For law firms and solicitors working in wills and probate, it is becoming increasingly common to see estates that include some form of digital assets. But with this comes new forms of risk – which practitioners can no longer afford to overlook:Digital assets – from cryptocurrency and non-fungible tokens (NFTs), to stablecoins, central bank digital currencies (CBDCs), and more – is a rapidly evolving field. Once a niche interest, around 12% of UK adults now own some form of digital assets – equivalent to 7 million people. According to Financial Conduct Authority research, consumers increasingly view these assets as part of their wider investment portfolio.

For law firms and solicitors working in wills and probate, it is becoming increasingly common to see estates that include some form of digital assets. But with this comes new forms of risk – which practitioners can no longer afford to overlook:

Ensuring the bankability of long duration energy storage

As renewable energy plays an increasingly vital role in the global energy mix, forms of long-duration energy storage (LDES) are vital to meet overall energy demand, manage price volatility, and ensure reliable supply during periods of low generation. But as energy demand continues to grow, developers are increasingly targeting longer durations, and more complex projects. Inevitably, this introduces new challenges and risks that must be managed to make LDES a bankable prospect.As renewable energy plays an increasingly vital role in the global energy mix, forms of long-duration energy storage (LDES) are vital to meet overall energy demand, manage price volatility, and ensure reliable supply during periods of low generation. But as energy demand continues to grow, developers are increasingly targeting longer durations, and more complex projects. Inevitably, this introduces new challenges and risks that must be managed to make LDES a bankable prospect.

5 key claims trends impacting insurance brokers’ PII

The market for insurance brokers’ Professional Indemnity Insurance (PII) has seen claims surge in recent years. Economic turbulence, regulatory changes, and the complexity of modern insurance products mean that brokers are experiencing more frequently and costly claims than ever before. These often stem from issues around the quality of advice, and a lack of clarity around coverage – leaving brokers to navigate a volatile risk landscape.The market for insurance brokers’ Professional Indemnity Insurance (PII) has seen claims surge in recent years. Economic turbulence, regulatory changes, and the complexity of modern insurance products mean that brokers are experiencing more frequently and costly claims than ever before. These often stem from issues around the quality of advice, and a lack of clarity around coverage – leaving brokers to navigate a volatile risk landscape.
See all news and insights