When you take on a development project, you face a multitude of risks and potential liabilities. Owner Controlled Insurance Programmes (OCIP) gives you the protection you need to face these challenges. It can cover you for everything from site ownership liabilities through to practical completion.
Your safeguard for any situation
When you take on a development project, you face a multitude of risks and potential liabilities. Owner Controlled Insurance Programmes (OCIP) gives you the protection you need to face these challenges. It can cover you for everything from site ownership liabilities through to practical completion.
Ensuring you have the precise combination of covers you need is no simple matter. That’s why it’s important to partner with a broker who can tailor your needs to the right solutions. Our specialist team is fully focused on providing comprehensive insurance programmes for owners and developers, to safeguard your business at every stage, especially for the most complex projects. Giving you peace of mind to focus on the successful completion of your development.
What we bring to your business
Property Owners Liability (PL)
Title, Judicial Review and rights of light insurance in conjunction with our Legal Indemnities Practice
Construction All Risks
Delay in start-up (DSU)
Third-party liability/Non-Negligence Indemnity
Non-damage contractual liability for projects involving rail exposure
Latent defects insurance
Environmental and archaeological risks
Operational risks post-completion
Who we cover
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Real estate developers and development managers
Asset managers
Property owners
Construction companies
Investors and financial institutions
Public sector bodies
Commercial property owners
Our Owners and Developers Team
David Hayhow
Partner, Practice Leader Global Construction Practice
david.hayhow@lockton.com
+44 207 933 2624
Rahul Sharma
Partner
rahul.sharma@lockton.com
+44 207 933 2112
Daryl Harris
Senior Vice President
daryl.harris@lockton.com
+44 7464 496 251
Get in touch
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Owners and Developers FAQs
What specific risks does Owners and Developers insurance cover?
Owners and Developers insurance covers a broad spectrum of risks associated with real estate and construction projects. These include site-ownership liability, such as damage to existing structures or injuries to third parties, title insurance issues like legal disputes over property titles, planning risks, including challenges like judicial reviews or rights of light claims, and construction works insurance to cover damage or loss to the project during development. Other protections include delay in start-up (DSU) insurance, which covers financial losses due to project delays, latent defects insurance for structural issues discovered post-completion, and third-party liability for claims arising from accidents or damages. Coverage also extends to non-damage contractual liability for agreements with entities like Network Rail, environmental and archaeological risks, and post-completion operational risks like property damage and business interruption.
Why is Owners and Developers Insurance important when managing large-scale real estate and construction projects?
For any large-scale real estate or construction project, managing risk effectively is critical to ensuring a successful outcome and protecting your investments. Owners and Developers insurance provides a comprehensive solution that covers the full range of complex and varied exposures such projects face. From protecting against unexpected legal issues and financial losses due to delays to covering structural defects that may arise after the project is completed, it frees you to focus on project delivery and operational success. Given that construction projects typically involve many different stakeholders, all with different but potentially interlinking or overlapping contractual obligations, having robust insurance coverage in place is vital to ensuring that all parties are adequately protected and the project can proceed smoothly.
How can you benefit from Lockton’s expertise in Owners and Developers Insurance?
Lockton applies more than 30 years’ experience and a deep understanding of the real estate and construction sectors to provide tailored insurance solutions for developers and owners. Our team has successfully helped clients manage the risks around some of the UK’s most significant and complex projects, including the regeneration of Battersea Power Station and the creation of landmark developments like the tallest building in the City of London. Lockton’s approach is highly specialised, dividing the development process into three distinct phases: pre-development, development/construction, and post-development. This ensures bespoke advice and insurance cover that addresses the specific risks at each stage. It means you get the most comprehensive protection possible, with cover that’s fully aligned to your unique project needs.
Why choose Lockton as your Owners and Developers insurance partner?
Working with Lockton means partnering with a team of dedicated professionals who are passionate about advocating for your interests. With a reputation for excellence, Lockton has a proven ability to navigate the complexities of real estate and construction insurance, providing bespoke solutions that offer the best available protection against any eventuality. Lockton’s expertise in handling complex risks and its commitment to client service means you benefit from personalised support, deep industry insights, and innovative insurance programmes that help you mitigate risk, protect your investments, and achieve your ultimate project goals. Whether you’re developing a new commercial space, undertaking a large-scale regeneration project, or managing a complex mixed-use development, Lockton is there to help you find the best available cover tailored to your needs.