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PRODUCTS AND SERVICES

Facultative Reinsurance

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Facultative Insurance

Based in London and supported by our partners around the world, Lockton’s in-house Facultative team helps clients to manage exceptional individual risks, and coordinate risk transfer between primary insurers and reinsurers.

Our experienced practitioners have extensive product knowledge and broad placement experience in all associated product lines and alternative structures, including for complex projects and operational risks.

We are more than just a transactional broker; we work hard to understand your purchasing strategy at every stage. This ensures closer alignment to appropriate markets, and improves the likelihood of success for the placement. Whether your goal is to grow, reduce volatility, or increase competitiveness, Lockton can help you meet your business objectives.

Through our local and international relationships, we foster extensive placement reach, helping us to execute the placement in the most advantageous way and secure the best partner response.

From pre-placement through to post-placement, including management of accounting and claims support, Lockton offers an unrivalled service to meet the needs and aspirations of every client.

Our services

  • Course of Construction (COC)

  • Delay in start-up (DSU) or Advance Loss of Profits (ALOP)

  • Third party liability

  • Boiler and machinery

  • First year operations

  • Contractors plant and equipment

  • Latent defects

The Global Construction Practice at Lockton are one of the key partners to Aviva across all Construction and Latent Defect specialty lines. We work collaboratively to create solutions that assist the policyholder in managing their construction risks

Aviva

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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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