CONSTRUCTION
Build with confidence
Our team has the knowledge and experience to tailor solutions to the needs of even the most complex projects. We can optimise cover for contractors, owners, lenders and other interested parties, assisting clients across all industry sectors, including:
- Civil engineering
- Energy
- Mining
- Petrochemical
- Power
- Process
- Construction Material Damage
- Revenue Protections
- Third Party & General Liability
- Contractor’s Plant & Equipment
- Terrorism
- Inland Transit & Marine Cargo
- Natural Catastrophe
- Direct Insurances & Quota Share
- Excess of Loss Reinsurances
Building Confidence
We have the expertise and drive to find creative solutions within the Lloyd’s, London and European markets via partnerships with our Lloyd’s broker colleagues.
In partnership with our Construction Unit which is London-based and with access to insurance markets worldwide. With complete flexibility, we provide cover for contractors, owners, lenders and all other interested parties on site, with standard, bespoke or broad form wordings engineered to clients’ requirements. We can work on either a project basis (term, non-cancellable, contractor controlled or owner controlled) or an annual basis. Lex Risks believes in a simple approach – plan, execute and deliver.
Services
We can provide a full range of Construction insurance and reinsurance services. Available covers on either a term or annual basis include:
- Material Damage (including Initial Operations & Occupied Property)
- Revenue Protections
- Third Party & General Liability
- Inherent Defects
- Contractors Plant & Equipment
- Marine Cargo & Inland Transit
- Terrorism
- Natural Catastrophe
Our geographic spread of clients is truly global and our account portfolio includes direct corporate clients, independent retail/wholesale intermediaries and reinsurance business, with particular emphasis on the following industry classes:
- Exploration & production companies
- Midstream & downstream operations
- Power generation & utilities
- Drilling contractors & oilfield service companies
- Onshore & offshore construction
We provide a wide range of Property & Casualty (re)insurance for the energy sector including significant expertise in:
- General/Products/Umbrella Liability
- Business Interruption
- Standalone Contingent BI
- Extra Expense
- Cargo (Programmes & Single Project inc. DSU)
- Operators’ Extra Expense/Control of Well
- Construction (inc. DSU)