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Construction Insurance

JLT's team of Construction Insurance professionals works closely with brokers and clients...

 

We are the construction insurance partners of choice for Europe's largest contractors, UK regional contractors and SMEs, project owners and project financiers, across the world.

We have been involved in many of the world's largest construction projects, including power stations, infrastructure projects as well as office blocks and sports stadia.

JLT also has a specialist Public Private Partnership/Private Finance Initiative team which provides insurance services for construction and operational phases. And, not having a US presence, we can provide selected independent insurance brokers with specialist London market support for builders risks, casualty and special facilities or binders without competitive conflicts.

We will work with you to establish clear communication with insurers and help you meet local and global requirements. You can expect us to meet every aspect of your insurance needs with clarity and transparency, particularly at these key stages:

• negotiations
• placement
• claims
• policy wording
• construction and operation.

We also provide training to ensure that your management and staff fully understand the implications of your Construction Insurance arrangements.

Our comprehensive range of services for the construction industry encompasses:

Builders Risk/Construction All Risks/Erection All Risks

• third party liability
• delay in start-up
• construction professional indemnity
• environmental liability
• latent defects
• non-damage delays.

And, if necessary, you'll also have access to JLT's experts in marine cargo and hull insurance, credit and political risk and terrorism (property and liability).

With more than 130 professionals, JLT's Construction Insurance team is the largest manager of global construction risk and construction liability in the London market. Our combined market knowledge and reputation for excellence has seen us facilitate over 100 major construction projects worldwide.

We are also justifiably proud of our transactional skills, gained though an annual placing of more than £275m of Construction Insurance premiums.