Construction Sector Insurance

At McGrady Insurance we offer a complete insurance solution for construction sector businesses and contractors working in the construction industry. 

Our specialist construction insurance team have years of experience arranging bespoke packages for some of Northern Ireland’s largest building firms and most siginifcant construction projects. 

McGrady Insurance will source the right mix of insurance products from our exclusive panel of insurers and combine these with our expert advice, risk management consultancy and claims handling support to create a bespoke insurance and risk package for your construction business. 

Get in touch today to find out how we can take care of your construction business.

What is construction insurance?

As the construction industry is such a diverse sector, ‘construction insurance’ can refer to a wide variety of insurance types which may include: 

• Structural Warranty
• Employer’s Liability for Construction Firms 
• Professional Indemnity for Construction Professionals
• Product Liability for the construction industry
• Plant and equipment insurance
• Contractors All Risk Cover
• Collateral Warranty Cover
• Property Damage 
• Fire and theft 

Who needs construction insurance?

Any business or contractor working in the construction industry in the UK will require some form of insurance. What that is or what it must cover will depend on the type of business you run. 

Small building firms, companies making products for the construction sector and individual contractors such as bricklayers, plasterers or roofers will all require a mix of construction insurance cover depending on the services they offer, the value and the type of work they do and whether they employ others. 

Construction insurance is required for:

• Property developers
• Construction companies
• Engineers
• Contractors such as bricklayers, electricians, plumbers,  plasterers, joiners, roofers and other tradespeople involved in construction or renovation projects

What does construction insurance cover?

Construction insurance can cover financial losses and legal costs related to claims against your company or you as a sole trader. 

This includes claims made by 

• employees who have been injured while working for your firm, 
• members of the public injured as a result of unacceptable or unsafe work done by you or your company and 
• your client

Common construction insurance policies also cover your losses as a result of fire, weather damage such as floods or high winds or accidents involving commercial vehicles. Some policies can cover losses caused by employee theft or vandalism and even the cost of delays or disruption caused by mechanical breakdown and other unforeseeable risks. 

Why choose McGrady Insurance for construction industry insurance? 

A Trusted Partner

McGrady Insurance is part of Northern Ireland’s largest commercial insurance broker and risk management advisory and we are proud to call some of the country’s best-known construction companies and most respected institutions our clients and partners. 

Local Knowledge - National Buying Power

As a company native to Northern Ireland, we have detailed knowledge of the sometimes complex regulatory framework faced by construction companies here. We have detailed experience with cross border claims for local companies operating across Northern Ireland, the Republic of Ireland, Great Britain and beyond. 

McGrady Insurance is a part of Brown & Brown, Inc., a leading global insurance broking group, giving us access to a range of insurance products unavailable to many of our local competitors. 

People First

We pride ourselves on being a people-focused organisation and put our clients' needs at the centre of everything we do. We understand that every business is unique and your dedicated account handler will work hard to fully understand your needs before sourcing an insurance and risk solution that is customised to you. 

An integrated solution

An important aspect of insurance for the construction sector is your risk management and mitigation strategies. As an insurance broker with an in-house risk management team, we will work with you to help you identify, understand and mitigate the unique risks your business faces and design an insurance policy that will cover the rest.