Insurance and Risk Advisory for Construction Professionals
As specialists in risk for construction professionals our team develop risk management and insurance programmes across diverse business structures – from sole practitioners to corporations. Underpinned by Bellrock’s unique risk advisory and advocacy methodology, our Team offers a competitive advantage to our clients helping them navigate risk with confidence.
Construction Professionals Risk Seminar Series: National Roadshow
in policy premiums placed into the insurance market annually
100%
owned by directors and staff, including our employee share plan
$10b
premium pool leveraged across global insurance markets
Simon Gray
Practice Leader, Construction Professionals
Simon has over 30 years’ experience in the insurance and legal industries. During that time he has been an insurance intermediary and practised as a lawyer (including roles as an insurance partner in private practice).
Throughout her career Carina has prioritised relationships built on trust with industry peers, underwriters and customers. She believes this underpins her recognition as a thought leader in the specialist area of construction professionals’ risk across Australia.
Construction Professionals we advise
Our claims management experience
Client testimonials
Risk trending and market updates
Risk management services
Insurance for Construction Professionals
Construction Professionals we advise
Our team specialises in managing insurance programmes for construction professionals, providing advisory and advocacy services across diverse business structures—from sole practitioners to corporations. We deliver guidance for partnerships, joint ventures, and trusts, while offering specialised risk assessment for government entities and industry bodies. Our solutions address unique challenges with personalised service and expertise for various disciplines including:
Private and public sectors, including built Environment, Water, Environmental & Renewables, and Transport.
Multi-disciplinary engineering consulting firm
$40M
195
Australia
Structural and civil engineers and project managers
Multi-disciplinary engineering consulting firm
$60M
310
Australia
Structural and civil engineers and project managers
Multi-disciplinary engineering consulting firm
$89M
450
Australia
Multi-disciplinary – we assisted them to combine a disparate insurance program with different policies in different states into one global program
Project Manager
$10M
50
Australia
Commercial, mid-rise residential
QS
$30M
125
Australia
QS, tax depreciation
Town planning, project management
$20m
98
Australia, Middle East
Rail, airports, residential sub-divisions
Claims management experience
Our expertise in preparing technical claim submissions to address complex indemnity issues is evidenced by a proven track record of settling claims successfully. Bellrock has made a significant investment in people and technological resources so that we may provide leading claims services to our clients. Our team comprises insurance and legal professionals who have extensive expertise in all general insurance products.
Claim: A complex professional services claim surrounding solar farms including an associated securities claim involving market disclosures surrounding the same solar farms.
Result: Bellrock successfully obtained a confirmation of indemnity from insurers.
+
Indemnity resolution for bridge design defect claims
Client: Large engineering firm
Claim: A design defect involving a large bridge infrastructure project.
Result: Bellrock successfully negotiated the resolution of the claim against joint venture participants under a single project professional indemnity policy.
+
Indemnity secured in high-profile cladding class action
Client: Building materials supplier
Claim: High profile Class Action in Federal Court against client for the supply of alleged non-compliant “Cladding” affecting potentially thousands of buildings.
Result: Bellrock successfully negotiated and confirmed indemnity (including unlimited Defence Costs) of the client.
+
Complex defect claims across major residential and commercial developments
Client: Developers, Builders, Architects, Engineers and Building Certifiers
Result: Bellrock acted on a number of complex and litigated matters regarding defects in large residential and commercial developments.
+
Rapid response to cyber breach involving data breach
Client: Financial institution
Claim: Penetration of their network and a notifiable breach.
Result: Bellrock worked immediately with forensic IT professionals, lawyers, accountants and loss adjusters to establish technical Transitional arrangements.
+
Business interruption and legal cost claims successfully settled for $300M+ property owner
Client: Large property owner with commercial assets exceeding $300M.
Claim: Business Interruption claim
Result: Bellrock assisted a successful settlement of a Business Interruption claim in the order of $2.2M. Bellrock has also assisted this client in the successful settlement and recoupment of legal costs from Insurers in respect of a claim, the value of the fees and settlement sum is in excess of $7.2M.
Testimonials
“Simon and his team have extensive experience in the insurance industry, and their ability, selflessness and willingness to share their knowledge, means that we now understand our PI insurance...better than we ever did in the past.”
Linton Speechley
Director
JK Geotechnics
“We have found their assistance, especially with risk management insurance services, to be exceptional. They are 100% attentive to the best outcome for MAJCON and act promptly with proactive responses.”
Michael Jaroszewicz
Director
MAJCON
“Dealing with Simon and Carina is a pleasure, and we feel they act as a genuine business partner who understands the industry, our business nuances, and they act on our behalf as if Partridge was their own business.”
Peter Standen
Managing Director
Patridge
Risk trending articles & market updates for Construction Professionals
Recent articles by our Team reporting on the latest trends, legislation and key events impacting insurance.
When professional isn’t “professional”: cladding decision exposes material coverage gap
Accident & Health
Silica exposure: A director’s responsibilities
Construction Professionals
Professional Indemnity aggregation trends arising from Brisbane Olympics
Construction Professionals
Construction Professionals Insurance Market Update: January 2026
Property Valuers
Professional risk in property valuation: Why effective risk management begins the moment instructions arrive
Construction Professionals
Deeds & limitation periods – beware insurance implications
Construction Professionals
Key considerations for construction professionals engaging sub-consultants
Risk management services for Construction Professionals
Our people understand the risk trends impacting our clients and have developed a host of internal and external risk management tools to mitigate against them.
Providing advice on risk and insurance for operational, service, or asset changes, ensuring insurers can flexibly update your programme and include new activities promptly.
Contract reviews
Contract reviews in relation to key risk transfer issues in client drafted consultancy agreements – indemnities, hold harmless, Proportionate Liability waivers, caps on liability, collateral warranties.
Advising on principal arranged insurance programmes to ensure understanding of coverage benefits and identifying conditions required in construction professionals' policies.
Principal arranged insurance programmes
Providing risk assessment and market insights for new or existing projects, identifying onerous contract terms and advising on alternative risk transfer methods including principal arranged coverage.
Training and education
Access to bespoke training on emerging risks, trends, claims and policy coverage. Our sessions cover insurance basics, indemnity provisions, contracting pitfalls, and strategic claims handling in formats ranging from formal presentations to informal discussions.
In the event of a claim, Bellrock is your partner & advocate throughout the entire claims process. From notification right through to final payment, our experienced team of legal and insurance professionals manage the process for you, prioritising sound commercial outcomes and rapid resolution.
In developing risk management strategies for our clients, we have achieved excellent outcomes by working with independent third-party experts. Each expert organisation operates at arms-length and is selected based on their ability to understand the industry or profession and objectives of the client. Our panel of experts educate our clients on risk transfer, and by doing so, assists us in presenting risk objectively to insurers.
Cyber Risk Assessment
+
To understand the risks associated with a cyber security incident alongside your existing vulnerabilities
Objectives:
Discharge your directors’ duties.
Understand your resilience to a cyber-attack.
Understand your regulatory requirements.
Get a view of any potential commercial risk exposures.
Outcome:
A cyber security assessment detailing the key objectives for your business. This will include a plain English overview of your overall cyber maturity, suggested improvement areas to reduce your overall risk, how to enhance your cyber maturity capability and clear insights into your cyber insurance requirements (reducing the potential for underinsurance).
To gain in-depth insights into and awareness of the operational and financial aspects of your business.
Objectives:
Discharge your directors’ duties.
Understand any financial and operational challenges.
Understand your disclosure requirements.
Outcome:
A free of charge financial and operational assessment detailing every aspect of your business. This will include a plain English overview of topics such as expense monitoring, employment contracts, existing supply chain, business continuity plans and insurance(s) alongside support to implement strategies where they do not exist or require building out.
Environmental, Social & Governance Risk Assessment
+
To ensure that ESG is well established within your organisation.
Objectives:
Discharge your directors’ duties.
Understand the governance challenges around ESG.
Understand your disclosure requirements.
Get a view of any potential ESG risk factors.
Outcome:
A holistic assessment of your businesses ESG framework and oversight in all three areas. This will include a plain English overview of your existing ESG governance framework, suggested improvement areas which align with your business objectives, how to enhance and embed your existing policy suite as well as clear insights into any deficiencies.
To ensure that your business has the appropriate level of Business Interruption insurance cover in place to support you in the event of a significant business interruption event..
Objectives:
Discharge your directors’ duties.
Understand what policies, protocols and procedures could be put in place to protect the business should a minor or catastrophic event occur.
Gain confidence that the level of business interruption cover under your existing insurance policy will adequately indemnify you in the event of a claim.
Get a view of any potential commercial risk exposures from underinsurance.
Outcome:
An assessment detailing your current business interruption needs and whether these are sufficiently addressed under your existing policy. This will include a plain English overview setting out whether your existing policy is appropriate to cover the business adequately in the event of a claim.
Insurance for Construction Professionals ⓘ
With access to a broad range of insurance markets, our Team can confidently advise on benchmarking across the risk spectrum. Clients can be assured that insurers recommended by Bellrock are qualified by financial strength rating, demonstrated claims performance and commitment to the profession and policy class.
Insurance policies commonly recommended for Construction Professionals
Acknowledged as industry thought leaders, Bellrock’s Team of Advisors are well known and respected across the industry. Our passion for delivering superior risk advisory and advocacy to our clients is a cornerstone of our offering.