LOSC or BFSC?Apr 09, 2014
In this bulletin, Mike Mitchell Head of Oval Construction outlines how to make sure you have the right Employer’s Liability cover in place for the right people. Download
The construction industry is complex by any measure. In the UK it faces an unprecedented range of pressures that make your life even tougher – whether you’re a developer, main contractor or specialist sub-contractor.
There are the operational pressures: cash flow, fluctuating material costs, labour and supply chain management, health and safety, dispute resolution and business sustainability. There are the wider market pressures: regulatory and planning changes, increasing levels of litigation, environmental and sustainable building considerations. Finally there are the macro-pressures: sustained economic uncertainty, the credit gap, budget squeezes and the impacts on both public and private capital investment. Collectively it means just one thing: Risk. And mitigating risk is our business.
We understand the unique financial, resourcing, procurement, liability, logistical and implementation risks your business faces today. Our highly qualified, construction insurance and risk management professionals will help you build the protection you need around your precise operational requirements.
Thorough risk review processes mean we get under the skin of the issues you face and ensure the effective transfer of appropriate financial and insurance risks. Whether for projects or annual programmes, we’ll help you safeguard your people, assets, balance sheet, reputation and competitive edge. In short, we’re an experienced and expert pair of hands with a reputation for innovative insurance solutions and superior client service that puts you first.
We act as advisers to industry trade bodies and associations including the likes of B&ES, CPA, FLTA,NIA and IRATA. We use the full range of Lloyd's and regional construction insurers to deliver both UK and international insurance and risk solutions that deliver performance and peace of mind.
If you’d like to discuss how we can help add value, agility, performance and protection to your insurance strategy, then call 0800 612 6223 or email firstname.lastname@example.org.