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.

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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.

Download Lockton Global Real Estate and Construction Newsletter
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GREAC Europe Contacts

Freyr
Mervick
Account Manager - Malta
Email
Suzanne
Preen
Account Manager - Malta
Email
Marianne
Gorridsen
Partner
+45 2628 4142
Email
Gerry
Lynch
Head of corporate - Ireland
Email

News and Insights

Whatever the rationale, how liabilities are dealt with after the completion of an acquisition, and the potential impact this may have on Professional Indemnity Insurance, are issues that warrant special attention. And now so more than ever, with continued low appetite to insure many firms, the increased selectiveness by insurers in who they are prepared to insure, and of course the steep rise in PII premiums over the past few years. Law firm mergers: an overview of liability issues

Law firm mergers: an overview of liability issues

article
Mergers and acquisitions (M&A) activity among law firms is rebounding following a subdued period during the pandemic. There are broadly six reasons why law firm acquisitions occur: going global, going national, entering new markets, practice expansion, financi ...
Read moreLaw firm mergers: an overview of liability issues

Principal Designer role: impacts and insurance concerns for firms

The Building Safety Act 2022 (BSA)’s introduction of a new Principal Designer role has created concerns for design professionals around whether they could, or should, undertake the role themselves. These concerns have been exacerbated by uncertainties around the extent and requirements of the new role. The BSA does not yet represent a finalised position, with secondary legislation and guidance having been issued only recently, or still being awaited. As such, affected firms, commentators and insurers have not yet received all of the detail of the changes. Nevertheless, firms looking to undertake the role should ensure they take the adequate steps to understand and comply with their potential obligations.The Building Safety Act 2022 (BSA)’s introduction of a new Principal Designer role has created concerns for design professionals around whether they could, or should, undertake the role themselves. These concerns have been exacerbated by uncertainties around the extent and requirements of the new role. The BSA does not yet represent a finalised position, with secondary legislation and guidance having been issued only recently, or still being awaited. As such, affected firms, commentators and insurers have not yet received all of the detail of the changes. Nevertheless, firms looking to undertake the role should ensure they take the adequate steps to understand and comply with their potential obligations.

Insurance brokers: getting the most from professional indemnity insurance

With insurers’ appetite growing once again, capacity has returned to the insurance brokers professional indemnity market in recent months. For firms, this is resulting in a reduction in premiums and insurers’ applied rate. Nevertheless, effective risk management and mitigation remains as essential as ever.With insurers’ appetite growing once again, capacity has returned to the insurance brokers professional indemnity market in recent months. For firms, this is resulting in a reduction in premiums and insurers’ applied rate. Nevertheless, effective risk management and mitigation remains as essential as ever.

Law firms: tackling the dangers of workplace stress

Workplace stress can have significant consequences for employee wellbeing, and negatively impact productivity and performance. For solicitors, this can lead to a heightened risk of technical or judgement errors, increasing the likelihood of a professional indemnity claim. To avoid such a scenario, firms need to take action to cultivate a positive workplace environment and combat the sources of stress.Workplace stress can have significant consequences for employee wellbeing, and negatively impact productivity and performance. For solicitors, this can lead to a heightened risk of technical or judgement errors, increasing the likelihood of a professional indemnity claim. To avoid such a scenario, firms need to take action to cultivate a positive workplace environment and combat the sources of stress.
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