Lockton Global Energy provides professional, cost-effective risk transfer and insurance solutions for our clients in the energy industry

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Construction

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Your strategic partner for risk management and insurance services

In the construction sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder the delivery of project goals. Our risk management strategy is designed to reduce this uncertainty, giving your business a competitive advantage.

As the Middle East and North Africa continue to invest in the expansion of their cities and economies grow stronger, our portfolio of construction projects increases and diversifies further including large industrial, retail and residential construction projects, energy projects, power generation projects (including nuclear and renewable energy).

What we bring to your business

  • Our team will work closely with you to put forward a creative approach to leverage markets and optimize coverage at the most competitive terms.

  • At Lockton, we believe one of the most important aspects of construction insurance is the quality of your submission. We use our expertise and knowledge of the market to guide you in the best way to present your business to underwriters.

  • We take pride in our relationships with underwriters throughout the global marketplace. This allows us to negotiate directly with the insurers that have the corresponding expertise and knowledge in the appropriate territory so we are able to obtain the best deal for you.

  • Through transparency, professionalism and commitment, Lockton in MENA strives to achieve the best coverage possible for our clients using the expertise and widespan of our regional and international offices.

Our services and areas of expertise

The range of services we offer includes:

  • Construction All risks, Erection All Risks, Contractors Plant and Machinery liabilities

  • Delay in Start Up

  • Project Cargo

  • Project Professional Liability

  • Owner Controlled Insurance Programme (OCIP)

  • Contractor programme

  • Project finance transactions

  • Package policies (construction plus 1st year operations) 

  • Risk management advice and guidance including Delay in Start Up (DSU) Study

Key Contacts

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Naji Abboud

Managing Director Wholesale

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

Renewing your company’s medical insurance isn’t just an administrative task, it’s a strategic opportunity to realign your benefits programme with workforce needs, market trends and financial goals. A proactive approach ensures your plan remains competitive, sustainable and valued by employees.Protecting Tomorrow, Today: Rethinking Renewal Strategies for Sustainable Benefits

Market Squeeze: How Rising Demand is Driving Higher Political Violence Costs and Tighter Capacity

In today’s evolving political violence (PV) insurance market, a mix of global and regional pressures are tightening reinsurance capacity and pushing up premiums. Whilst new entrants are adding fresh capacity this must be weighed against the need for sustainable prices in the face of growing risks. Global events such as regional conflicts, along with political unrest and targeted infrastructure hits, are generating losses for reinsurers in active zones – and this has a knock-on effect on terms and access for GCC-based clients.

In today’s evolving political violence (PV) insurance market, a mix of global and regional pressures are tightening reinsurance capacity and pushing up premiums. Whilst new entrants are adding fresh capacity this must be weighed against the need for sustainable prices in the face of growing risks. Global events such as regional conflicts, along with political unrest and targeted infrastructure hits, are generating losses for reinsurers in active zones – and this has a knock-on effect on terms and access for GCC-based clients.

As technology outages become the new normal, staying operational means staying vigilant

From cloud outages to cybersecurity failures, the digital backbone of modern business is under constant strain. Recent high-profile disruptions, including this week’s AWS outage, have exposed just how vulnerable organisations can be when critical systems go dark. These incidents aren’t isolated anomalies; they’re signals of a new status quo where technology-driven interruptions happen every day, with potentially far-reaching consequences.
In this environment, preparation and planning aren’t optional, they’re a must. Organisations can build resilience through risk assessments, incident response planning, and cyber insurance strategies that help mitigate the impact of inevitable outages.
From cloud outages to cybersecurity failures, the digital backbone of modern business is under constant strain. Recent high-profile disruptions, including this week’s AWS outage, have exposed just how vulnerable organisations can be when critical systems go dark. These incidents aren’t isolated anomalies; they’re signals of a new status quo where technology-driven interruptions happen every day, with potentially far-reaching consequences.
In this environment, preparation and planning aren’t optional, they’re a must. Organisations can build resilience through risk assessments, incident response planning, and cyber insurance strategies that help mitigate the impact of inevitable outages.

Lockton in the Middle East and North Africa Expands Claims Service Capabilities with the Launch of New Claims Consulting Services Practice

Lockton, the world’s largest independent insurance broker, has officially launched its new Claims Consultancy Services (CCS) practice across the Middle East and North Africa. Designed as a specialist unit, CCS extends Lockton’s claims expertise for both Lockton clients and the wider policyholder market. This strategic investment strengthens Lockton’s ability to help businesses navigate today’s fast changing claims environment, shaped by economic pressures, environmental change and increasingly complex losses with greater clarity, control and confidence.Lockton, the world’s largest independent insurance broker, has officially launched its new Claims Consultancy Services (CCS) practice across the Middle East and North Africa. Designed as a specialist unit, CCS extends Lockton’s claims expertise for both Lockton clients and the wider policyholder market. This strategic investment strengthens Lockton’s ability to help businesses navigate today’s fast changing claims environment, shaped by economic pressures, environmental change and increasingly complex losses with greater clarity, control and confidence.
See all news and insights