Construction

From small scale residential projects to multi-year mega projects, Sompo understands the complex nature of construction risk. We translate our deep experience and expertise into customized insurance solutions, risk control, and claims services for every phase of construction, from design to occupancy.

The construction sector is changing. New technologies, bigger projects, and faster schedules all contribute to risk. Sompo works closely with our clients to identify and mitigate both familiar hazards and emerging exposures that define today’s construction risk. 

We integrate claims insights into underwriting and risk control. This practice provides a holistic view of exposures and strengthens our ability to help our construction clients manage uncertainty and transfer risk. 

Our Construction insurance products and services

An integrated approach to managing complex construction risk

We offer specialized insurance solutions and risk control services for all types of companies in the construction sector, including developers, contractors, construction managers, and property owners.

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Why choose Sompo for construction insurance? 

  • Experience and expertise
    Sompo leverages deep experience working with construction industry clients to provide exceptional service and solutions that meet the needs of projects of all sizes. 
  • Integrated underwriting, risk control, and claims
    We help our clients better manage risk by tightly integrating underwriting and risk control with claims insights. This practice results in focused, effective risk management solutions. 
  • Advanced risk control support
    Sompo’s risk control experts work closely with our construction sector clients to mitigate risks by combining advanced technology with traditional safety practices. 
  • Construction-specific claims team 
    Sompo maintains an in-house claims team dedicated exclusively to construction, which enables us to respond rapidly to incidents and streamline claims handling.