Welcome to JLT Independent

CONSTRUCTION INSURANCE AND RISK MANAGEMENT

Construction industry in India is the second largest industry after agriculture. It accounts for a considerable share of India’s GDP and makes a significant contribution to the national economy.

The construction industry is broadly classified into real estate construction which includes residential and commercial construction; infrastructure building which includes roads, railways, power etc.; and industrial construction that consists of oil and gas refineries, pipelines, textiles etc.

Construction Industry has bounced back on track with government’s initiatives resulting in growth of Revenue and profit before tax (PBT) margins.

Construction risk seeks everyone’s attention majorly because of cost over runs and delay in completion. Our construction experts take a 360 degree view of the all the risks associated with the project and then help clients with managing their risks.

GET IN TOUCH

Bidhan Saha

Director - Energy, Construction and Major Corporate Risk Group, JLT Independent

022-45105904

bidhan_saha@jltindependent.com

We have been involved in many of the large construction projects, including power stations, infrastructure projects as well as office blocks.

What we do

Our team works closely with clients to understand their requirements locally and globally. You can expect us to meet every aspect of your insurance needs with clarity and transparency, particularly at these key stages:

  • Negotiations
  • Placement
  • Claims
  • Policy wording

Our comprehensive range of services for the construction industry encompasses:

  • Contractor All Risk
  • Erection All Risk
  • Storage cum Erection
  • Delay in Start-Up / Advance Loss of Profits
  • Lender’s Insurance Advisory
  • Third Party and General Liability
  • Employers’ Liability / Workers Compensation / Employees Compensation
  • Project Professional Indemnity
  • Overseas Construction Project
  • Title insurance
  • Inherent Defect Liability

We are one of the few who have embraced technology to ensure quality advisory for our client. This ensures that the research team in Mumbai and each country/region have access to the latest and best information on the industry. The data and news sources allows us to produce thought leadership materials which benefits our clients.