Risk management strategies for the dynamic and growing construction industry
Our construction team works with you to create a bespoke risk management programme taking into account the specific challenges and requirements facing the construction industry in the region. We specialise in delivering risk transfer plans with the highest level of client service, collaborating with key stakeholders on projects of all sizes and scale.
Leveraging our diverse and local construction project experience in both developed and emerging economies, we provide bespoke insurance and risk management solutions tailored to each individual organisation. We service a wide client base that includes:
- Governments and local authorities
- Regional and international contractors and developers
- General contracting and sub-contracting
- Engineers and architects
- Specialised trade groups
- Financiers and project sponsors
- Project owners across a range of industries
Comprehensive insurance specially focused on construction
Environmental and climate risks to supply chain and local regulations are just a few of the challenges that a construction organisation may face. Our team of construction specialists bring in-depth local market experience to create a risk management programme designed to reduce your overall cost of risk. Our featured coverages for construction include:
- Construction All-Risks (CAR) /Erection All-Risks (EAR)
- Midterm CAR/EAR cover
- Contractors' plant and equipment
- Civil engineering completed risks
- Delay in start-up/advance loss of profits
- Environmental/pollution liability
- Operational all-risk
- General/third-party liability
- Project cargo and cargo delay in start-up
- Pre-Handover Operational Cover (Engineering Standstill Risk Insurance)
- Inherent Defect Insurance (IDI)/ Decennial liability
Regional relationships with global support
Our construction risk management team has forged strong local and regional relationships enabling us to have a nuanced understanding of our clients' needs, including governments, local authorities, general contractors, subcontractors specialised trade groups, and financiers. Gallagher's global network of risk management specialists provide proprietary data analytics solutions and a comprehensive suite of risk management tools and services.
Discover how working with a global leader can help you manage the risks of your construction projects.
