As a Chartered Insurance Broker, we pride ourselves on providing specialist construction advice that really makes a difference–Our dedicated construction team has the knowledge and experience to provide the challenge and support you need to ensure your business is protected from the risks in the construction sector today.
As firms adopt to the new technology available a renewed focus needs to be concentrated on their IT infrastructure to future proof and mitigate themselves from the increasing level of sophisticated Malware & Phishing attacks made by Cyber Criminals.
Rising Insurance costs
With the turbulence of recent years and an already hardening insurance market, many construction insurers have reduced their offering for certain classes of insurance, such as Professional Indemnity, resulting in conflicts with contractual obligations between contractors and their clients and rising premium costs.
Sustainability & Raw Material Price increases
The increased financial cost on raw materials has now accelerated complications on ‘Fixed Price’ contracts which have resulted in the need for flexibility around tenders to maintain profitability. Such pressures are amplified further by firms’ responsibilities to source socially responsible materials in an already stretched supply chain to meet the needs of the changing construction landscape.
Why do you need specialist construction insurance?
Construction insurance is a complex area. Clients need an adviser with the technical skills and knowledge to advise on issues such as complicated, people risk, the ever evolving legislative landscape and JCT contracts.
As Insurers reduce their internal cover limits and the market shrinks in its capacity to provider solutions, you need an adviser who knows the industry and will be able to design a competitive, flexible insurance programme that will respond when you need it.
Our approach to business resilience and the risk management tools and techniques we use enable us to help construction businesses mitigate the risks they face today.
Who we support
Civil engineering firms
Housebuilders and property developers
Allied trades to the sector
Usual types of cover
We believe the arrangement & placement of the general insurance programme to be the most basic element of what we do, but nevertheless a key cornerstone of any risk programme.
In addition to the standard covers, we normally find the most questions around the following specialist areas: