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 Developers
Our primary service to property developers is the provision of bespoke employer-led project insurance programmes which enable the Client to take direct control of the construction insurance arrangements. The adversarial nature of the construction industry can leave the employer highly exposed if he adopts the traditional route of relying on contractors’ insurance.
We cost-effectively offer the widest cover available in the construction insurance market and our positive approach is welcomed by developers of all shapes and sizes in the UK.
These programmes typically include the following cover:-
- Contract Works
- Third Party Liability
- Non-negligent Liability
- Advance Loss of Profits/Rent
- Loss of Interest on Borrowed Capital
- Liquidated and Ascertained Damages
- Excess Completion Costs
- Force Majeure
- Latent Defects
Our comprehensive Client services include the following:-
- Collaboration with the Client and professional team to ensure a smooth and effective implementation of the Project Insurance programme
- A thorough understanding of a wide range of construction contracts e.g. JCT, ICE, MF, NEC, PPC2000, MPF, FIDIC and the insurance implications arising therefrom
- Advising Clients and the professional team on amendments to or drafting of contract insurance clauses
- Identification of risk exposures and the provision of high quality risk management advice
- Broad expertise in the handling of construction insurance claims in a proactive fashion
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Click here to view our Complete Project Insurance Brochure
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