Project Insurance covers the risk protection needed for large construction or infrastructure programmes, including policies that can span design, build, operate phases and multiple suppliers. A solicitor in this area drafts and negotiates policy wordings, reviews warranties and collateral warranties, coordinates with insured parties, insurers and project counterparties, and handles claims arising from defects, delays, or coverage gaps. The work often shapes risk allocation, funding conditions and the ability to meet performance milestones.
What a solicitor handles in these matters
This area involves negotiating policy structures (wraps, all-risks, performance bonds), reviewing contractor and design-team obligations, and aligning cover with project timetables and funding. It also includes navigating endorsements, exclusions, and duplication of cover, and coordinating with insurers to ensure timely notification, loss-adjustment, and claims handling across multiple entities.