OUR CONSTRUCTION TEAM WILL BUILD SOLID INSURANCE SOLUTIONS FOR EACH AND EVERY PROJECT
Construction
The Construction team specialise in the design, placement and servicing of insurance and reinsurance programmes for all types of construction projects anywhere in the world.
We act as both a wholesale and retail broker. Our wholesale clients are mostly overseas insurance brokers who require access to the (re)insurance markets in which we operate and to our specialist expertise in construction. The majority of our retail clients are project owners but also include original equipment manufacturers.
Our Service
We provide a full range of insurance advisory and placement services from a project’s infancy through to its completion. We can also provide a pure placement service for insurance programmes often designed and partly placed by others.
The services we provide include but are not limited to:
- Assistance in the identification and analysis of risk
- Advice on and assistance with drafting the risk, indemnity and insurance provisions in contracts
- Advice on the availability of insurance and programme options
- Advice and assistance in the collection and preparation of underwriting information
- Provision of insurance cost estimates for financial models and budgeting
- Detailed design of project insurance programmes including the drafting of bespoke policy wordings
- Provision and analysis of insurance quotations and advice on the best options
- Placement of project insurance programmes
- Ongoing servicing of insurance programmes through the life of a project
- Assistance with the submission of claims and in the negotiation and settlement of claims with insurers
Our Products
The classes of insurance that we handle are:
• Construction/Erection All Risks insurance
• Construction/Erection Delay in Start-Up insurance
• Third Party Liability insurance
• Construction Plant and Equipment insurance