At Price Forbes, we specialise in the design, placement and servicing of insurance and reinsurance programmes for global construction projects of every size and type. In 2025, we placed over USD367m GWP into the London Market, supported by our specialist team of 35 construction insurance brokers with significant experience across complex and high-value projects.
From single developments to multi‑year projects, we work with US brokers to deliver tailored construction solutions for clients by leveraging our extensive technical expertise, strong London and Bermuda market access, and a collaborative, advisory‑led mindset.
We work with US brokers to design and place construction insurance programmes for a wide range of clients and risk profiles. Our role is to support brokers seeking London and Bermuda market solutions for complex, high‑value or hard‑to‑place construction risks, providing technical guidance, programme‑structuring expertise and direct access to market capacity to help them deliver on their client strategies.
We support brokers placing cover for:
We work with brokers representing:
We can assist with placements involving:
We structure and place comprehensive construction insurance programmes tailored to project scale, methodology and geography. Key solutions include:
Builders’ Risk / Construction All Risks (CAR)
Project‑specific cover for physical loss or damage during construction, tailored to construction type, contract value and location.
Erection All Risks (EAR)
Specialist cover for mechanical and electrical installation projects, including testing and commissioning phases.
Delay in Start‑Up (DSU)
Protection against financial loss arising from insured physical damage events, including Increased Cost of Working where required.
Construction Plant & Equipment (CPE)
Cover for owned and hired construction equipment, including transit and on‑site exposures.
Developer & Contractor Annual Programmes
Risk‑attaching or declared turnover solutions, including homebuilders and portfolio placements.
Excess of Loss & CAT‑Specific Layers
Excess placements for large project towers, including standalone natural catastrophe layers such as named windstorm.
Deductible Buy‑Downs
Tailored solutions for perils and All Other Perils (including water damage).
Terrorism Insurance
Certified and non‑certified terrorism cover, including TRIA‑compliant solutions.
Mid‑Term Replacement Cover
Protection for contract value increases or programme extensions during the policy period.
These solutions are designed to perform under pressure, with flexibility built in to accommodate change as projects evolve.
Price Forbes operates a suite of construction specific facilities designed to complement open market placements and unlock additional capacity on commercial terms. Key facilities include:
We work with US retail brokers supporting clients across many construction driven sectors, including:
Placing construction risk in London and Bermuda requires precision, judgement and strong market engagement. At Price Forbes, we support brokers with technical structuring expertise, specialist facilities and direct access to experienced construction underwriters.
Major infrastructure projects demand insurance programmes that can absorb scale, complexity and duration - often simultaneously. Price Forbes supports brokers placing coverage for some of the most technically demanding infrastructure developments, where risk accumulation, contractor interfaces and long construction periods require disciplined structuring and experienced market engagement.
Our expertise spans transport, utilities and energy infrastructure, including highway and bridge developments, airport (airside and landside) works, rail and transit systems, ports and marine facilities, and critical water, waste and power assets. We regularly advise on projects involving complex phasing, multiple construction methodologies and exposure to natural catastrophe risks, helping brokers secure programmes that remain resilient from ground‑break through to structure commissioning.
By combining construction industry insight with access to specialist London and Bermuda capacity, our team delivers innovative solutions that reflect the realities of large‑scale infrastructure delivery - not just at placement, but throughout the life of the project.
Our insurance experts are always on hand to talk about ways we can join forces to take on the future.
