Construction & Development

Our specialist contractors team provides support to a wide range of contractors and sub-contractors across the construction industry. We work with some of the largest blue-chip construction companies in the world through to highly specialised trades with complex risk management needs.

Our team has a wealth of experience arranging broad cover for our clients in a cost-effective way. Our insurance solutions are bespoke to our clients' needs but will be underpinned by some of the market leading, broker drafted policies and our extensive knowledge of the London construction insurance market.

Beyond the insurance transaction, our team advocates strong risk management support for our client base. This can include:

• Advice on contractual risk management
• Support in supply chain management
• Major and complex claim assistance

The Owners and Developers team assesses each project with the care and attention required to ensure that our clients' risk objectives are achieved. Whether commercial, residential, mixed use or infrastructure, the team has the skill, strategic relationships, experience and expertise to carefully guide clients through the risk transfer process.

Having worked on many complex, high profile and prominent cases, the team has experience with all project types including commercial, residential, retail, hospitality, leisure, education, manufacturing, pharmaceutical, mixed-use developments, bioenergy and power generation.

Our solutions are tried and tested, taking into consideration price transparency, integration between construction and operational phases, efficiencies of administration and price whilst providing certainty of cover for the project.

Our client-facing team is supported by a number of specialist functions within the division, including our own in-house insurer negotiation team and our claims team, which offers support in the delivery of fair and prompt payment following a loss.

Our dedicated team of Construction PI specialists deliver some of the most complex and largest policy programmes in the London market.

With our strong rooted relationships in the market and service commitment to our clients, we are able to provide educational sessions, risk management tools, claims analysis and complex claims management, benchmarking, and data-driven decision-making to deliver optimal risk transfer programme solutions.

The team has a strong track record of delivering for our clients the broadest cover at competitive rates by utilising our specialist market knowledge and expertise.

We achieve this by undertaking a detailed PI review process:

• Comprehensive Risk Information
• Contractual Risk Management approach
• Risk Retention Strategy & Appetite
• Procurement

Please contact us if you would like us to undertake a complimentary (and confidential) silent review of your current insurance arrangements.

We offer independent insurance due diligence consultancy services on a global basis to our clients involved in a range of projects, including:

• Projects involving structured finance, including loans, bonds and credit facilities
• Refinancing projects
• Divestment projects — independent insurance reviews for divesting parties
• Acquisition projects — pre-acquisition due diligence for acquiring parties
• Public sector projects — support in respect of projects in procurement and reviews of existing operational projects including PFI/PPP arrangements

Our separate Surety team prides itself on its knowledge of the market, providing effective and innovative solutions to our clients bonding needs. Surety bonds are most common within the construction industry due to the size and duration of the contractual obligations. If the building is publicly owned, e.g. a school, hospital or bridge, then it is even more likely to require bonding due to risks of failure and costs to the taxpayer.

Our services can generally be split into three broad areas:

• Bond Facility Arrangement
• Facility Management
• Bond Administration

Gallagher's Environmental team has some of the most highly regarded environmental insurance specialists in the market. We provide specialist advice and insurance policies to help protect our clients against potential pollution and contamination liabilities.

The team has significant experience in negotiating broad environmental insurance policies that help to fill significant gaps in Pollution Liability coverage of many existing insurance programmes and reduce our clients' exposure to uninsured losses.

We develop bespoke policies covering pollution and contaminated land liabilities (legal and contractual) for brownfield redevelopment projects, business and property transactions, operational businesses, real estate portfolios, and business-wide or project-specific contractors' operations. We also provide cover for petrol stations and tank farms, waste management (especially Energy from Waste facilities), transport and infrastructure PFI/PPP projects, manufacturing, logistics, and public sector and education organisations.

We pursue innovation and have been at the forefront of developing coverage for large-scale brownfield developments, major infrastructure projects, substantial petrol station portfolios, high-value transactions and multi-national environmental liability insurance programmes.