UK & Ireland Construction

Tailored Construction insurance for the UK and Ireland.

The construction sector is a key part of both the UK & Ireland’s economies. The value of construction new work in Great Britain reached a record high of £139,029 million, driven by growth in both private and public sector work. Despite a 16% decline in new orders, the sector remains robust, with significant contributions from private commercial, private infrastructure, and public housing projects. The sector employs approximately 1.4 million workers, highlighting its importance in providing jobs and supporting economic growth.

What We Offer

At Price Forbes, we provide a comprehensive range of insurance solutions tailored to the unique needs of businesses operating in the build environment. Our offerings include:

• Latent Defects Insurance: Protection against structural defects that may become apparent after project completion.
• Contract Works Insurance: Coverage for physical loss or damage to construction works.
• Public Liability Insurance: Protection against claims for injury or damage to third parties.
• Professional Indemnity Insurance: Coverage for claims arising from professional negligence.

Areas of Expertise

Our team of experts has extensive experience in the construction sector, providing specialised knowledge and support in the following areas:

• Risk Management: Identifying and mitigating risks associated with construction projects.
• Claims Handling: Efficient and effective facilitation of claims to ensure swift resolution.
• Policy Development: Crafting bespoke insurance policies that meet the specific needs of each project.
• Regulatory Compliance: Ensuring insurance solutions comply with relevant regulations and standards.

UK & Ireland Project Construction Facility

Our UK & Ireland Project Construction Facility is designed to provide robust and flexible insurance solutions for construction projects of all sizes. This facility offers a streamlined approach to securing coverage, with a focus on efficiency and effectiveness. Key features include:

• Comprehensive coverage options tailored to project-specific requirements.
• Competitive pricing and terms.
• Expert support and guidance throughout the project lifecycle.

Download Project Construction Flyer

Latent Defects Insurance

Latent Defects Insurance (LDI) is a crucial component of our construction insurance offerings. LDI provides protection against structural defects that may become apparent after the completion of a project. This coverage is essential for safeguarding the long-term integrity and value of construction projects. Key benefits include:

• Coverage for a wide range of structural defects.
• Long-term protection, typically extending for 10 years post-completion.
• Enhanced confidence for project stakeholders, including developers, investors, and end-users.

Download Latent Defects Insurance Flyer

Meet the team