Construction & Development Insurance
Because understanding today’s risks shapes tomorrow
You’re not just developing properties and creating place, you’re laying the groundwork for what comes next for your business and for future generations.
Our dedicated team works across your world, delivering tailored solutions underpinned by a personal understanding of your business.
Construction and development projects face complex, and potentially costly exposures. From fragmented responsibilities that can create accountability gaps to high-stakes risks where a single issue can delay or derail an entire project.
Routine insurance placements rarely keep pace, and you need a partner with the depth of expertise to advise on how to navigate the risks.
The Realty difference
One team. One view of your risk.
As your trusted advisor, we don’t just place policies. We provide a bespoke, hands-on service, which includes experts on site with you, reviewing what you need and what’s at stake.
With an extensive track record of handling the insurance and risk management needs of major real estate development projects. We guide our clients through:
- Pre-planning technical challenges
- Joint Contracts Tribunal contract formation
- Insurance programme design and placement
- Major losses
We’ll help you keep your project moving across the entire build cycle, from contracts and construction through to practical completion, letting and pre-sale and occupation phases.
Permanence by design
Backed by Grosvenor’s long heritage as a developer of complex, high-value projects, we understand success is forged in delivery of a trusted quality product and service, on time, through generations.
We’re here to partner with you from concept through to completion and beyond.
Partnership in practice
We will sit alongside you as your partner to gain clarity and control over your contractual arrangements. We’ll lay out your multi-party risk architecture from day one, providing a clear ownership and accountability framework and put in place insurance covers to protect you throughout the full development lifecycle.
Expertise across your world
Our specialists bring expertise across all forms of construction, ensuring optimum cover across your projects. When risks crystalize or evolve as your projects advance, we will be there to advise and take action – providing service excellence and giving you comfort through our trusted expertise and deep experience.
Whether you’re undertaking modern commercial or residential developments or restoring heritage properties, we’ll help ensure your projects stay on track.
Testimonials
Success stories
Our clients include developers, landowners, and construction firms who value expertise, accountability and long-term partnership.
Overcoming UK capacity challenges to protect a landmark multi-block residential development
Realty was appointed by the developer of a large London premium residential property scheme. The scheme involved a mixture of...
Knowledge and guidance
Explore practical guidance and expert perspectives on the topics that matter most, from navigating lender scrutiny to protecting asset value through market cycles.
We are often asked...
Construction insurance for high-value projects should be structured around the contract, project value, funding requirements, parties involved and commercial consequences of delay or damage.
For developers, investors and asset owners, this may include contractors all risks, contract works, public liability, employers’ liability, professional indemnity, latent defects and delay in start-up cover.
The priority is to ensure the insurance programme reflects how the project is being delivered, rather than relying on generic business insurance or fragmented contractor-led arrangements.
Property developers insurance is relevant for developers, asset owners, investors and funders involved in residential, commercial or mixed-use schemes.
It is particularly important where a project involves significant capital exposure, multiple stakeholders, lender requirements, contractual insurance obligations or income-dependent completion dates. This may include build-to-rent schemes, purpose-built student accommodation, commercial developments, major refurbishments and complex urban projects.
For higher-value developments, insurance should be considered early so that cover aligns with contracts, financing arrangements and the wider project strategy.
Yes. Developers and contractors often have different responsibilities, contractual obligations and financial exposures.
Contractors may arrange cover for their own liabilities, employees, plant or professional services. Developers may need protection for the works, existing structures, delay-related financial loss, latent defects, funder requirements and long-term asset ownership.
On larger projects, a coordinated or owner-controlled insurance approach can help improve transparency, reduce gaps in cover and give the developer greater oversight of claims, costs and policy structure.
Contractors all risks insurance, often referred to as CAR or contract works cover, protects the works in progress, materials, plant and equipment against insured physical loss or damage during the construction phase.
For complex projects, the structure of the cover should be checked against the building contract, including JCT, NEC or bespoke arrangements. Particular attention should be given to contract value, existing structures, off-site materials, temporary works, terrorism, site security and the responsibilities of each party.
Standard business insurance is usually designed for ongoing operational risks, not the specific exposures created by construction and development projects.
It may not respond properly to contract works, joint names requirements, design responsibility, professional indemnity obligations, delay in start-up losses, latent defects, funder conditions or the involvement of multiple stakeholders. For high-value construction projects, gaps between the contract, funding agreement and policy wording can create significant financial exposure.
A specialist construction insurance broker can help review these requirements and structure cover around the project rather than a generic business profile.
A construction insurance broker helps clients understand, structure and place insurance for construction and development projects.
For larger schemes, this can include reviewing contractual insurance obligations, identifying potential gaps, engaging specialist construction insurers, coordinating cover across multiple policies and supporting claims where responsibility may be disputed.
Realty’s role is to help developers, investors, asset owners and professional teams arrange insurance that reflects the project’s risk profile, commercial structure and long-term objectives.
Let’s work together to protect your world
