Property

Property Development

As specialist property development insurance brokers, we have extensive experience of this complex field with its varying contractual implications and will take time to find out about the specific risks you face in order to ensure you are properly insured.

Although the property market is showing signs of recovery, it is still fraught with risks and we would advise any property developer to arrange a tailored insurance policy, rather than rely on contractors’ insurance. Contractors can go bust, houses can remain unsold and projects can be abandoned; it is essential to financially protect your interests.

As required, we can arrange annual or short-term cover on a project basis large or small, whether your project is a conversion, renovation, extension or new build, and are happy to look at high risk or more unusual developments. With access to many of the leading insurers and specialist underwriters, we can find exactly the level of cover that is right for you, tailored to your exact requirements, with enhanced wording, if necessary.

As well as all-risks cover against fire, theft, flood, storm damage, vandalism and accidental damage, third-party liability, public liability, legal expenses, retained structures, permanent and temporary works and materials on site, we would also advise taking out cover for delays in completion, loss of income/rent, own and hired plant, tools and equipment, non-negligence issues arising from demolition, excavation, piling and underpinning.