Willis

Risk management consultancy is an integral part of the client-focused service provided by Willis.

Available on either a stand-alone basis, or to complement our insurance broking activities, our specialist consultancy encompasses all aspects of construction-related risk management and contractual issues, including:

Contractual Responsibility

• Contract review
• Provision of advice on standard and non-standard contract conditions

Financiers

• Drafting of contract conditions to ensure that the insurance and indemnity provisions reflect the intention of the parties and best insurance market practice, thereby avoiding disputes, delay and litigation
• Advice on risk transfer programs to meet financiers’ due diligence criteria
• Liaise with financiers’ insurance and legal advisors on the adequacy of proposed risk and insurance arrangements
• Provide advice and suitability on assignment of policies to financiers

Risk solutions

• Analysis and matricing principal of project risks to effectively control and transfer where possible
• Advice on risk retention and risk financing
• Financial analysis for suitability of insurance markets

Insurance solutions

• Analysis and advice on local insurance legislation
• Insurance market security
• Project specific manuscript policy forms
• Preparation of insurance synopses for contractor tenders, concession agreements and financiers’ requirements

Claims management

• Web-based
• Claims procedures manuals
• Independent claims consultancy

Independent Insurance Audits
Whether the requirement is for risk management, contractual or technical consultancy services, we will use our wide-ranging expert knowledge and experience to develop a clear understanding of our clients’ needs, thereby assisting in the effective analysis, control and transfer of risk.