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 over 100 offices, there’s sure to be one near you.

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*100+ Lockton offices and partner offices worldwide
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Cyber Market Update - Hong Kong, July 2024

Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.Cyberattacks are on the rise with thousands affected by data breaches and related losses. The recent headlines in Hong Kong have shown us one important aspect about the attackers: They don't discriminate. Not just private businesses but also organizations in the public sector have recorded significant cyber incidents in the past two quarters. Owners, IT and legal teams are recommended to take action now, prioritize risk management and gain enough insurance coverage against cybercrime costs.
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