Construction Insurance

Specialist protection for Construction risks

Construction projects bring together significant capital, complex contracts, multiple parties and constantly changing risks. From development and design through to construction and completion, a single event can have consequences far beyond the immediate physical loss.
United Risk Partners works with developers, contractors, investors and project stakeholders to structure insurance around the way a project is planned, financed and delivered. We combine specialist construction knowledge with strong relationships across Lloyd’s and international markets to find appropriate protection for the risks involved.

Who we support:

  • Property developers and investors
  • Main contractors and specialist contractors
  • Construction companies
  • Infrastructure and civil engineering businesses
  • Project owners and operators
  • Funders and financial institutions
  • Joint ventures and project partnerships
  • Businesses undertaking major construction or refurbishment projects

What we cover

Every project has its own combination of construction, contractual, financial and operational exposures. We consider the project as a whole, identifying where insurance needs to respond and structuring cover accordingly.

Construction All Risks

Protection against physical loss or damage to works, materials and equipment during construction, including cover for associated project property and site activities.

Contractors & Developers

Insurance programmes for contractors and developers, including annual and project-specific arrangements, with cover structured around the scale and nature of the work being undertaken.

Delay in Start Up

Protection against the financial consequences of an insured delay preventing a project from becoming operational on schedule, including resulting loss of anticipated revenue.

Liability & Professional Indemnity

Cover for third-party injury and property damage, alongside professional indemnity for design, consultancy and other professional exposures arising from the project.

Latent Defects & Environmental Liability

Protection for defects that emerge after completion, together with cover for environmental damage, pollution and associated liabilities arising from construction and development.

Surety, Bonds & Financial Risks

Specialist performance bonds, advance payment bonds, retention bonds and other surety arrangements, helping meet contractual obligations and manage financial exposure.

Expertise for complex Construction placements.

Precision placement through strong market relationships.

Construction insurance requires an understanding of the project, the parties involved and the risks that can emerge at every stage.

URP combines specialist knowledge with strong market relationships to structure cover for developments, contractors and major projects, from initial planning through to completion.

Talk to an expert in Construction insurance.

Discuss your requirements with us.

From a single development or refurbishment project to a major construction or infrastructure programme, United Risk Partners can help you structure protection around your project and the risks involved.