20 Jun 2022
The London Market: Making Sure The Infrastructure Boom Doesn’t Just Fizzle
Construction Insurance
Fullfilling Your Needs
Our highly experienced, specialist international construction team places and co-ordinates major construction insurance programmes across the globe.
Our 50+ strong team works internationally to provide bespoke cover for contractors and owner-controlled insurance programmes across a range of industries including mining, energy, ports and terminals, power, renewables, and transport infrastructure.
We work for major international companies as well as locally based operators and contractors. Our construction team will act on behalf of all of key stakeholders, including project owners and sponsors, contractors, special-purpose companies, banks, engineers, governments and public authorities.
Tailored Programmes
We have a broad reach within the international and US insurance markets, both as a distributor and the provider of innovative solutions for new or non-standard coverage requirements, including:
By working with us, clients can benefit from:
- Construction, erection and contractors all-risks
- Delay in start-up/advance loss of profits
- Pre-handover operational coverage (seamless construction to operational coverage)
- Operational all-risks
- Business interruption
- General construction liability/third-party liability
- Marine cargo and delay in start-up
- Latent defects
- Environmental and pollution liability
- Terrorism & political risk insurance
Advantages
Our team brings added value at every stage of a construction project, working closely with our clients from contract review to completion and throughout the construction lifecycle.
We will work alongside you through the development of risk allocation and the marketing strategy, liaison with the project lenders, the design of the policy wordings, the placing of the agreed insurance programme, and will provide ongoing service throughout construction.
By working with us, clients can benefit from:
- A wide number of policies available including environmental risks and major project insurance
- Bespoke policies available on an annual and single basis
- Our strong relationships with Lloyd's underwriters and other major international markets ensuring we provide innovative and competitive solutions
- Truly international and diverse project experience across developed and emerging economies
- An experienced, specialist in-house claims team.
