Whether it is a commercial, residential or engineering project, it is important to be protected against potential loss of revenue should a contractor or subcontractor incident occur. Lockton is committed to assist you in achieving your business goals, whether that be reducing or controlling claims costs and financing risks - enabling you to deliver your projects on time and to budget.

SERVICES & SOLUTIONS

Construction Insurance

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Understanding risk exposures

Whether it is a commercial, residential or engineering project, it is important to be protected against potential loss of revenue should a contractor or subcontractor incident occur. Lockton is committed to assist you in achieving your business goals, whether that be reducing or controlling claims costs and financing risks - enabling you to deliver your projects on time and to budget.

Specialization

● Contract works

● Third party liability

● Delay in start-up

● Surety

● Parametric products (non-damage business interruption)

● Statutory liability

● Builders warranty

● Marine cargo and transit

Meet our Construction Insurance Team

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Nino Sauler

Senior Vice President
Nino.Sauler@lockton.com
+63 917 545 1463

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Hanica Bayaborda See

Vice President, Client Services & Relationship Management
Hanica.Bayaborda@lockton.com

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Brian C. Fontanilla

Senior Manager, Deputy Head, Client Services
Brian.Fontanilla@lockton.com
+63 288 110 388

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Hye-Won "Eunice" Park

Vice President, Korean Accounts
Eunice.Park@lockton.com

News and Insights

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.Why risk needs to be part of your renewable project narrative

Payment considerations following ransomware attacks

Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.  Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

Inside Risk: lithium-ion battery returns – managing property fire risk in the retail sector

Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, computers, and mobile phones. Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, computers, and mobile phones.

Ensuring the right cargo cover amid tariff uncertainty

The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.
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