Construction Insurance & Risk Management

The construction industry has always played a central role in global economic and social development. Together with the inherent complexity and scale of construction projects, this has resulted in a continually evolving construction risk landscape.

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.




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 work 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.

Key Stats

Construction Key Services
Construction Key Services
Construction Key Services
Construction Key Services


Construction firms entering a new region should consider the likelihood that projects will be delayed or cancelled, and assess whether the legal and regulatory environment offers effective investor protections or contract enforcement measures in the case of cancellation. To help firms manage a disparate range of country risks, JLT has developed World Risk Review, an online country risk ratings platform providing ratings for 197 countries across nine perils.

If things go wrong in the supply chain it is essential to have a strong insurance programme in place. Consequently, it is to a contractor’s advantage to procure trusted and solvent subcontractors since such subcontractors are more likely to have a robust insurance programme.

Yes, if you purchase delay in start-up (DSU) cover as an extension to the contract works insurance for the project. You will need to arrange this insurance yourself, generally as part of an owner controlled insurance programme, rather than requiring the contractor to do this.

We recommend starting a dialogue with a broker once you have received planning approval. It is important to establish a suitable project insurance strategy before engaging with potential contractors so that any cost benefits can be fully realised from your supply chain.

Standard TPL insurance protects for common law liabilities only. Where these agreements extend liability beyond common law obligations, additional specialist insurance coverage is required. These policies, known as contractual liability or rail liability policies are available through specialist construction insurance brokers.

Insurance products exist to allow you to transfer your risk exposure as a result of consequential losses caused by weather delays. We can work with you to quantify the risk and design a product which pays a pre-agreed indemnity amount based on specific weather events. This could provide a more cost effective risk transfer than a contractual solution.


Our global construction specialty offers industry expertise. For 30 years our integrated team of specialists has been committed to working in partnership with clients to deliver exceptional service, deep specialist knowledge, client advocacy and tailored advice.

Still not sure if we’re the right broker for you? Here are some reasons to trust our team:

  • Our integrated team of specialists are leaders in their field and understand your industry
  • We operate a number of market leading facilities which deliver capacity, pricing, coverage and claims benefits to our client base and which also generate market derived income
  • JLT have maintained our high levels of investment in specialist claims resources. Our team is integrated within our construction division and works in close coordination with our placement and support teams to act as client advocates and to deliver successful claims outcomes
  • We are the only one of our peers to maintain a specialist construction professional indemnity team within our construction division, which permits a holistic understanding of our clients’ construction sector issues
  • We are constantly learning to ensure our industry knowledge allows us to anticipate your needs. Knowledge about insurance is not enough; we pride ourselves on also being knowledgeable about your industry.

Case Studies

Construction case study 1


A global construction company, a long-term JLT client, acquired a smaller entity with operations in 35 countries (including the MENA) commencing a six-month integration process to a global programme.

The acquired company sent a request to their broker for public liability and employer’s liability insurance for a project in MENA. When the holding broker was non-responsive the global parent approached JLT to provide an option for coverage.

Working with our local partner we were able to present terms from four local markets. Shortly thereafter it became evident that, despite the need for coverage, no legal entity would be operating in the territory in relation to the project. Cover was required for visits only (i.e. coverage was required on a contingent basis), which presented an employer liability issue due to the applicable visa restrictions.

As a result of our in-depth understanding of local insurance regulations and the local market, our partner was able to obtain a quote for the required contingent cover ensuring the JLT client was able to evidence insurance in accordance with its contractual obligations.

Construction case study 2


While not the appointed broker for the project, JLT was invited to provide guidance and support to the owner following protracted and acrimonious negotiations with insurers which had failed to achieve settlement of the claim.

The matter was of extremely high profile and, most damagingly, dialogue between the two sides had broken down. JLT spent a lengthy period with the owner’s contract personnel reviewing the claim submission, the nature of the damage and the key policy points in dispute. At the same time JLT embarked upon exploratory discussions with insurers to determine where and why they had particular difficulties with the claim.

This re-evaluation of the claim submission by both sides provided the basis for dialogue to restart and within a short period of time thereafter an amicable negotiated settlement was secured.

As a result of JLT’s collaborative approach and demonstration of experience in delivering the solution we were subsequently appointed as the insurance broker for the re-alignment contract.


With a constantly evolving risk landscape across an increasingly complex global canvas the construction sector requires ever more innovative solutions to their insurance requirements; whether this is as a result of political, legislative, cultural or geographical risks. In order to ensure that our clients remain confident when entering unfamiliar and challenging regions our specialists have experience with a number of diverse construction products, including:

  • Crime/D&O/PTL
  • Motor
  • Property
  • Terrorism
  • Delay in start up
  • Inherent defects insurance
  • Contractual liability insurance
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