With contractor risks constantly evolving across a diverse range of territories, each with their own unique political, legislative, cultural or geographical factors, contractors are increasingly requiring innovative insurance solutions to respond to their complex risk profiles.
Since its foundation over 30 years ago, JLT Construction has evolved into the market's leading provider of insurance and risk management advice to contractors.
Our contractors’ team are dedicated specialists who work seamlessly together to provide an unrivalled service to our clients and innovative solutions which shape the construction insurance industry.
WHAT WE DO
Our global team of 375+ construction specialists work with some of the largest contractors in the world across a number of territories.
Our service proposition is distinctive; instead of providing a generalist transactional insurance broking team which relies on specialist support for technical issues, our team are experts in contractor and construction risks.
Your service team all have the experience and expertise to understand your business and deliver the right advice without the need for external support.
JLT’s culture means we actively share our knowledge to ensure clients are informed of current and developing risk and insurance trends which may impact their business.
Since its inception in 1988, JLT Construction has matured to the market leading provider of insurance and risk management advice to contractors. Our UK contractors’ team are dedicated specialists who work seamlessly together to provide an unrivalled service to the industry.
We have developed the market’s leading UK construction business through successful long term partnerships with our clients. Our approach means we work closely with clients, developing in depth knowledge of their business and its needs.
We implemented an innovative approach to the broking of a major UK contractor’s excess casualty and professional indemnity programmes.
Historically, the three classes, employers' liability (EL), professional liability (PL) and professional indemnity (PI) had been written as separate programmes with different insurers.
Initially we spent time analysing the insurer participations to understand the level of capacity committed across all three classes and identify the premium generated.
By identifying competing capacity and understanding the insurers’ appetites, we were able to design an integrated programme for a combined primary PL and PI layer.
While the final placement included separate limits for each of the classes within the policy, challenging premium targets and increased limits were achieved. The (total cost of risk) benefit to the client was valued at approximately £1,000,000.