Projects
Whether you are involved in a development or refurbishment project
either as a Developer, Owner or Fund/ Asset Manager, you will have
exposure to many different types of risk. You will also know that
relying on your Contractor’s insurance programme is often a risk in
itself, potentially leaving you exposed to losses arising from areas
such as:
- defective design, workmanship or materials
- increasing construction costs
- loss of anticipated revenue
- damage to adjacent property.
Our role is to identify the full range of these risks throughout the
development period and to provide suitable and cost effective
solutions.
Our approach centres upon ensuring that the
developer remains in control of all insurance decisions. Our team will
work in partnership with you to identify potential areas of risk and
produce a bespoke package for the development, from design through
construction and throughout the operational life of the project. Such a
programme will automatically include advice on methods of risk transfer
wherever appropriate. Our priority is to provide you with the widest
possible cover, while minimising your total cost of risk.
Expertise
For many years,
we have worked closely with clients in this sector, creating
comprehensive risk management programmes to give complete peace of mind
throughout the whole process. We call it Total Project Insurance. Our
approach and experience has earned us the trust of our clients, who
have remained with us for the long-term as a result.
Lockton Service
Service starts with listening. We take the time to understand your specific goals, design a program that fits your needs, aggressively negotiate coverage, and implement a service plan. You will have the same dedicated service team throughout the entire process which allows us to anticipate your needs and create accountability.
It’s all about you. As a private, family-owned company, all our Associates focus solely on you, our client, rather than public shareholders.
Long-term thinking. Clients stay with us based on our expertise, creative solutions, seamless global resources and outstanding service. Our client retention rate of 95 percent reiterates our commitment to each and every client.