Risks that are currently affecting the industry emanate from a wide range of factors, including the pressures caused by increasing infrastructure expenditure in the developing world, skills shortages in key sectors and technological and digital advances. Further risks have become apparent through the maintenance of complex supply chains across manifold territories each with their own social, economic, legislative and political nuances.
In an increasingly globalised world, owners, developers, financiers and construction companies are often operating across multiple territories. Consequently, construction is an industry which presents its stakeholders with a diverse catalogue of risk.
Our clients have confidence that the insurance policies we arrange for them are expertly structured, are written by experienced insurers with strong claims track records and, in the event of a loss, that our global specialty will handle the claim efficiently, with the most favourable results.
WHAT WE DO
With over 375+ experts worldwide, JLT’s global construction specialty provides expert insurance solutions to construction clients from around the world. Working across multiple markets, our global specialty strives to enable construction clients to access the best markets on the most favourable terms.
Our team works together to identify the most appropriate market and entry point for all major placements, actively sharing knowledge to drive best practice and deliver coverage enhancements globally.
We work across the breadth of building, civil works, engineering risks and facilities management.
Our specialists have experience working with a diverse portfolio of construction clients in key sectors, including: airports, contractors, developers and owners, project solutions, heavy civils, leisure, housebuilders, infrastructure funds, mining and metals, petrochemicals, ports and terminals, roads, power, PPPs, rail, renewables, tunnelling and utilities.