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

Get in touch

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

GREAC Europe Contacts

Gerry
Lynch
Head of Corporate - Ireland
Email
Freyr
Mervick
Europe Contact
Email

Latest news and insights

Ireland’s pension system is evolving rapidly. Auto-enrolment is live as of 1 January 2026, expanding coverage within private sector pensions, while the potential introduction of in-scheme drawdown promises less fragmented retirement journeys. Additionally, the post-IORP II governance landscape will push providers toward scale, transparency, resilience, and member-centric innovation. With change being the only constant for now, we’ve outlined four steps for employers to take to help navigate the year ahead with confidence:Key considerations for effective pension design in 2026

Key considerations for effective pension design in 2026

article
Ireland’s pension system is evolving rapidly. Auto-enrolment is live as of 1 January 2026, expanding coverage within private sector pensions, while the potential introduction of in-scheme drawdown promises less fragmented retirement journeys. Additionally, the ...
Read moreKey considerations for effective pension design in 2026

P&I renewals: Economic volatility forces clubs’ tough stance on general increases

The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.

Political Violence Market Update 2026

A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients. But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.A softening market for Political Violence (PV) Insurance is a welcome sign for buyers, following a prolonged hard period. An influx of approximately £350m of new capacity via Lloyd’s syndicates and specialist underwriting agencies is driving competition, enabling brokers to market accounts more widely and deliver premium savings to clients. But it's not all straightforward. While the years prior to 2022 saw a high volume of claims relating to civil unrest, the market has since been dominated by larger-scale incidents of political violence – forcing insurers to adapt their strategies. For buyers, this introduces complexity: S&T policies are now unlikely to offer indemnity against some of the most common threats of the last three-to-five years. This being the case, more buyers may gravitate towards the broader scope of Political Violence cover.

Lockton announces partnership with RM Sotheby’s and Chubb

London, 27 January 2026 - Lockton, the world’s largest independent insurance broker, has announced a new partnership with RM Sotheby’s, the world’s largest privately held insurance brokerage firm, with underwriting provided by Chubb. London, 27 January 2026 - Lockton, the world’s largest independent insurance broker, has announced a new partnership with RM Sotheby’s, the world’s largest privately held insurance brokerage firm, with underwriting provided by Chubb.
See all news and insights

We're here to help

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

Talk to our team
culture-quote-tiernan