Light at the start of the Tunnel
Delegates found out how a properly designed insurance programme can provide a viable risk transfer solution for tunnelling projects. Listen to our webcast or download the related newsletter.
Delays in completing a major construction project can have expensive consequences. Loss of rental or sales revenues and the potential cost of providing alternative accommodation are just some of the expenses to which you may be exposed.
Another major consideration is third party liability cover, the extent of which will depend on the nature of your development, its surroundings and your contractual requirements. A city centre development in close proximity to highly sensitive third party property or rail infrastructure, for example, could require you to be covered for over £150 million.
JLT's construction team provides specialist delay in completion solutions which can cover:
By tailoring your insurance arrangements, we shall ensure that you are fully covered for all the insurable risks specific to your project. Products that we can include in your programme include:
As a team dedicated to major building projects and real estate sector, the JLT Construction practice offers you a wealth of knowledge and experience across construction projects including high rise buildings, mixed use developments, sports stadia and PFI projects. We are also experienced in contract forms such as NEC, JCT, PFI and bespoke forms.
Andrew BirtPartner |
JLT has been placing professional indemnity insurance for the construction industry for over 20 years and are regarded as the market specialist in this area.
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