The Global Real Estate & Construction (GREAC) division of Lockton is an experienced, highly skilled, and dedicated team who specialise in the provision of insurance products, services, and risk management advice to the global real estate and construction sectors. GREAC has a strong and well-established presence in the insurance market, and this experience and influence are employed effectively for the benefit of every client.
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
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