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

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Construction

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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

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Naji Abboud

Managing Director Wholesale

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

Lockton, the world’s largest independent insurance broker, has officially launched its new Claims Consultancy Services (CCS) practice across the Middle East and North Africa. Designed as a specialist unit, CCS extends Lockton’s claims expertise for both Lockton clients and the wider policyholder market. This strategic investment strengthens Lockton’s ability to help businesses navigate today’s fast changing claims environment, shaped by economic pressures, environmental change and increasingly complex losses with greater clarity, control and confidence.Lockton in the Middle East and North Africa Expands Claims Service Capabilities with the Launch of New Claims Consulting Services Practice

The New Reality of Cyber - Physical Risks in Pakistan

In 2024, the CEO of Power Information Technology Company (PITC) - a subsidiary of Pakistan’s Ministry of Power – disclosed that Pakistan had faced 40 million cyberattacks in just one year.  Many of those were directed against the country's infrastructure. The country’s natural resources sectors have also been targeted, including pipelines. These attacks not only threaten energy supply and economic growth, but they can also result in highly costly material damage, operational shutdowns, or safety system failures. In 2024, the CEO of Power Information Technology Company (PITC) - a subsidiary of Pakistan’s Ministry of Power – disclosed that Pakistan had faced 40 million cyberattacks in just one year.  Many of those were directed against the country's infrastructure. The country’s natural resources sectors have also been targeted, including pipelines. These attacks not only threaten energy supply and economic growth, but they can also result in highly costly material damage, operational shutdowns, or safety system failures.

Lockton appoints Naji Abboud as Senior Executive Officer for DIFC branch

Lockton appoints Naji Abboud as Senior Executive Officer for DIFC branchLockton appoints Naji Abboud as Senior Executive Officer for DIFC branch

Lockton RE makes significant investment in MENA region building on existing presence to launch Lockton RE, MENA

LOCKTON RE MAKES SIGNIFICANT INVESTMENT IN MENA REGION BUILDING ON EXISTING PRESENCE TO LAUNCH LOCKTON RE, MENALOCKTON RE MAKES SIGNIFICANT INVESTMENT IN MENA REGION BUILDING ON EXISTING PRESENCE TO LAUNCH LOCKTON RE, MENA
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