Lockton Global Energy provides professional, cost-effective risk transfer and insurance solutions for our clients in the energy industry

— CORPORATE

Construction

Contact Us

Your strategic partner for risk management and insurance services

In the construction sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management strategy is designed to reduce this uncertainty, giving your business a competitive advantage.

As the Middle East and North Africa continue to invest in the expansion of their cities and economies grow stronger, our portfolio of construction projects increases and diversifies further including large industrial, retail and residential construction projects, energy projects, power generation projects (including nuclear and renewable energy).

What we bring to your business

  • Our team will work closely with you to put forward a creative approach to leverage markets and optimize coverage at the most competitive terms.

  • At Lockton, we believe one of the most important aspects of construction insurance is the quality of your submission. We use our expertise and knowledge of the market to guide you in the best way to present your business to underwriters.

  • We take pride in our relationships with underwriters throughout the global marketplace. This allows us to negotiate directly with the insurers that have the corresponding expertise and knowledge in the appropriate territory so we are able to obtain the best deal for you.

  • Through transparency, professionalism and commitment, Lockton in MENA strives to achieve the best coverage possible for our clients using the expertise and widespan of our regional and international offices.

Our services and areas of expertise

The range of services we offer includes:

  • Construction All risks, Erection All Risks, Contractors Plant and Machinery liabilities

  • Delay in Start Up

  • Project Cargo

  • Project Professional Liability

  • Owner Controlled Insurance Programme (OCIP)

  • Contractor programme

  • Project finance transactions

  • Package policies (construction plus 1st year operations) 

  • Risk management advice and guidance including Delay in Start Up (DSU) Study

Key Contacts

Placeholder image

Naji Abboud

Head of Facultative
Naji.Abboud@mena.lockton.com
+971 56 696 6785

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

Discover how UAE companies can attract and retain top talent with cost-effective, people-first employee benefits that go beyond salary—covering wellness, flexibility, and financial security.Protecting Tomorrow, Today: Why Employee Benefits Matter More Than Ever in the UAE

Protecting Tomorrow, Today: Why Employee Benefits Matter More Than Ever in the UAE

article
In today’s competitive UAE job market, many companies believe that increasing financial incentives is the best way to attract and retain top talent. However, this approach is not always sustainable, especially with rising business costs and inflation. Instead, ...
Read moreProtecting Tomorrow, Today: Why Employee Benefits Matter More Than Ever in the UAE

Extreme Weather and Insurance: How to Make Sure Your Business is Properly Protected

This blog explores how the rise of extreme weather in the MENA region—highlighted by the UAE floods in April 2024—is exposing the risks of being underinsured. It explains how business interruption insurance and strategic risk management can help companies recover faster, reduce long-term losses, and build resilience against future climate-related disruptionsThis blog explores how the rise of extreme weather in the MENA region—highlighted by the UAE floods in April 2024—is exposing the risks of being underinsured. It explains how business interruption insurance and strategic risk management can help companies recover faster, reduce long-term losses, and build resilience against future climate-related disruptions

AI risks: what directors and officers need to know

All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place.

Balancing Cost with Employee Needs - Building a Sustainable Benefits Strategy

Discover how UAE businesses can balance rising healthcare costs with employee needs by leveraging smart benefits strategies, wellbeing programs, and education to retain top talent.Discover how UAE businesses can balance rising healthcare costs with employee needs by leveraging smart benefits strategies, wellbeing programs, and education to retain top talent.
See all news and insights