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.