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About Lockton
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Eric Wright Group
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About one third of all projects undertaken by Eric Wright Group are private financial initiatives (PFI): collaborations between the construction company, a bank and U.K.’s National Health System. These highly regimented projects require a tremendous amount of legal documentation.
BUILDING CONFIDENCE
"Lockton has taken the time to understand the intricacies of PFI. We rely on them to interpret a great deal of documentation and arrange appropriate policies within strict timeframes. This is of considerable assistance to us delivering these buildings on programme," says Jeremy Hartley, financial director for the Eric Wright Group.
The firm has been a client of Lockton and its predecessor for eight years. Lockton’s team made an immediate impact in claims management, streamlining the handling process and resolving outstanding claims.
"Lockton negotiated the settlement of these pending claims with insurers and within two days presented us with a check for £125,000," Jeremy explains. Now a claims analysis is delivered every three months.
Lockton also initiated health and safety surveys on site at Eric Wright Group projects to increase accuracy in risk assessment and responsive risk management.
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Janice Sutton, Commercial Manager
Jeremy Hartley, Financial Directory
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| For Eric Wright Group, a civil engineering and construction group in northern U.K., Lockton provides a full range of risk and indemnity coverage. |
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DIRECT LINK TO INSURERS
"Lockton involves us directly in discussions with our insurers. This gives them added confidence that we’re managing project risks appropriately and enables them to more fully understand our business approach," Jeremy adds.
Today, the venerable building firm faces both the short-term construction slowdowns forced by the credit crisis and the desire to maintain the long-term growth the firm has experienced since 1923. Jeremy considers Lockton’s help vital to that growth because, as he states simply, "They understand us."
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