Aon | Professional Services Practice
Design & Construction Firms
Our team delivers operational and project insurance solutions, as well as specialized risk advisory and consulting services.
Rough winds do shake the darling buds of May – William Shakespeare
May 2023 - Aon’s Design and Construction Team review market trends for Architects & Engineers and Contractors in Sentinel Issue 21: Q2 2023 Design and Construction Professional Liability.
The Design & Construction Firm practice is a fully integrated global team for our design and project professional clients. We provide specialized insurance brokerage and risk advisory services to architects, engineers, surveyors, project/construction managers and other design professionals (including design and build contractors).
Our team acts globally because we recognize that our clients in the construction industry pursue and carry out work overseas, and Aon needs to be able to respond instantly to issues affecting our clients on a local or global level. Our global platform allows us to access insurance markets and new sources of capital anywhere in the world on behalf of our clients.
Our team combines industry, subject matter and geographical experience. Through our understanding of the impact of change in the construction industry, we support our clients' strategic objectives domestically and globally. This cohesive approach means we can identify trends, determine strategies and mitigate loss to secure the best solution for our clients.
Core team members are based in the US, UK and Canada. In addition, our Australian colleagues have established a center of excellence in Brisbane that wholesales risks into the London market.
A key differentiator is the work we carry out in relation to project-specific placements. In addition to the traditional project-specific approach, our team is a market leader in Owners Protective Professional Indemnity Insurance (OPPI), and its close cousin Property Developers Professional Indemnity Insurance. These alternative products have been developed to provide project owners a means to purchase one professional liability policy to protect them from losses arising from construction professionals' negligence.