In the real estate and development sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management and risk transfer strategies are designed to reduce this uncertainty, giving your business a competitive advantage.

INDUSTRY

Real Estate and Construction

Your strategic partner for property risk management

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A truly global real estate practice

In the real estate and development sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management and risk transfer strategies are designed to reduce this uncertainty, giving your business a competitive advantage.

Our real estate practice is truly global. The team is made up of over 140 Partners and Associates who have significant experience in this specialist sector – they have a detailed, local understanding of the issues you face and an extensive network of some of the world’s best insurers.

Wherever you are in the property chain – from a developer through to operator, investor or manager – we focus on your business and the risks you face. We work with you as a long-term, strategic partner, to develop the appropriate solutions enabling you to focus on what you do best.

Expertise

We have extensive experience in the design, placement and administration of both New Zealand and global real estate insurance programs, including:

  • Material damage coverage for all types of assets

  • Public and property owner’s liability

  • Insurance due diligence services for lenders and acquisitions

  • Transactional insurance

We also have an extensive suite of complimenting products and services to transfer and/or manage the risks that owners and managers face.

Asset online

Lockton has developed a software package called Asset, a market-leading insurance and risk management platform that enables our clients to efficiently manage their property portfolios and supports our broking service. The secure online system gives you access to real-time claims information, analysis of historic loss data, credit control for reconciliations and invoicing, risk exposure information, tailored policy wordings and risk management control across multiple locations.

Our Products and Services

We offer a range of innovative solutions tailored to your property insurance needs:

  • Property and business interruption

  • Public and product liability

  • Construction - all risks 

  • Plant and machinery

  • Transactional insurances

  • Tenant risk insurances

  • Commercial and residential strata 

With a global footprint of 135+ offices, there’s sure to be one near you.

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*135+ Lockton offices and partner offices worldwide
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Latest news and insights

Fixed fire protection systems (FFP) such as sprinklers are one of the most effective ways to prevent a major fire loss to a property or business enterprise. Commonly recommended by property insurers, systems can detect a fire in its initial stages and deliver a fire-fighting agent where it is needed, reducing the risk to people, property and the environment.  
To ensure the maximum benefit from the investment in fire protection, it is important systems are designed and installed to meet insurer and other stakeholder needs. This Inside Risk edition explores the main considerations when selecting fire protection systems.
Inside Risk: selecting fire protection systems

Beyond price: rethinking carbon credit value in the voluntary market

Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.

Navigating a turbulent D&O insurance landscape

Driven by economic uncertainty, geopolitical instability and rapid technological advances, the directors’ and officers’ (D&O) risk landscape is undergoing significant change. This article offers useful insights for board-level decision-makers seeking to understand this volatile landscape.Driven by economic uncertainty, geopolitical instability and rapid technological advances, the directors’ and officers’ (D&O) risk landscape is undergoing significant change. This article offers useful insights for board-level decision-makers seeking to understand this volatile landscape.

Lockton appoints Mark Drummond-Brady as Non-Executive Director of Lockton International

Lockton Companies, the world’s largest independent insurance broker, today announces the appointment of Mark Drummond-Brady to the Board of Lockton International as Non-Executive Director, effective immediately.Lockton Companies, the world’s largest independent insurance broker, today announces the appointment of Mark Drummond-Brady to the Board of Lockton International as Non-Executive Director, effective immediately.
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