Construction
Since the inception of Lockton in 1966, we have worked with major corporations on some of the world’s largest construction and infrastructure projects. Today, we are one of the largest construction insurance brokers in the world.
Your company will benefit from our services, including:
- Claims Cost Containment and Advocacy
- Engineering & Machinery Breakdown
- Loss Control
- Pre- and Post-Loss
- OSHA compliance
- Loss Data Management
- Risk Management/Finance Services
- Loss Sensitive financial analysis, loss forecasting, collateral analysis
- Experience Modification estimates and review of current ERMs
- Contract Review
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Surety
- Subguard
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Wrap-Ups
We understand what "on-time / on-budget" means. Through a sense of ownership in each project, we use proprietary technology solutions to quickly respond to day-to-day servicing, including contract review, negotiation assistance and 24-hour turnaround of Certificates of Insurance.
Due to our large volume of construction business, we know many underwriters personally and we are able to negotiate low premiums for quality coverage. Risk management advisors are also available to provide your staff with relevant seminars.
As a client, you will benefit from:
- Successful implementation of the financing, construction and operation of the project and related insurance issues
- Identification of all risks to which the project is exposed and the design and implementation of an Insurance Program to protect the Owner, the Contractors, and any other interested parties
- Compliance of the Project Insurance Program with the requirements of the Consortium, Turnkey Construction Contract, and Loan documentation
- Minimization of the administrative burden on the Owner or Contractor
View the Real Estate and
Construction Brochure
Construction in the U.K.
In the UK, we have a dedicated
Real Estate and Construction team who specialize in the provision of insurance
products, services and risk management advice to the real estate and construction
sectors.
View the
International
Construction Brochure
Click here for more information about
coverages and expertise
Click here for more information about our
related services to the construction industry.
Lockton Service
Service starts with listening. We take the time to understand your specific goals, design a program that fits your needs, aggressively negotiate coverage, and implement a service plan. You will have the same dedicated service team throughout the entire process which allows us to anticipate your needs and create accountability.
It’s all about you. As a private, family-owned company, all our Associates focus solely on you, our client, rather than public shareholders.
Long-term thinking. Clients stay with us based on our expertise, creative solutions, seamless global resources and outstanding service. Our client retention rate of 95 percent reiterates our commitment to each and every client.