Developers & Project-Owners Insurance
(New Builds & Property Development)

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Comprehensive insurance for new builds, large-scale property developments, mixed-use projects, conversions and regeneration schemes.

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INSURANCE FOR DEVELOPERS, PROJECT OWNERS & NEW BUILD SCHEMES

  • NEW BUILD PROJECTS

  • PROPERTY DEVELOPMENT

  • REFURBISHMENTS & CONVERSIONS

  • MIXED-USE SCHEMES

What Is Developers & Project-Owners Insurance?

This insurance provides a combined package of cover for developers, property investors and project owners undertaking new builds, multi-unit developments, commercial conversions, refurbishments or regeneration projects.

It protects the works, materials, tools, plant, liability exposure and the financial investment throughout the entire construction process - from groundworks to completion.

Suitable for small private developers through to large multi-phase construction schemes.

What Does Developers’ Insurance Cover?

Comprehensive protection for construction projects at every stage.


  • Contract Works (damage to works in progress)
  • Public Liability & Third-Party Property Damage
  • Employer’s Liability (for on-site staff/labour)
  • Tools, equipment & construction plant
  • Hired-in plant & machinery
  • Site cabins, temporary structures & welfare units
  • Theft, vandalism & malicious damage
  • Fire, flood, storm & accidental damage
  • Professional Indemnity (design & engineering risks)
  • JCT contract compliance

Common Requirements for Developers & Project Owners


  • Evidence of site security and risk management
  • Compliance with CDM & building regulations
  • Accurate valuation of works and materials
  • Clear project timelines & contractor agreements
  • Professional indemnity where design is involved
  • Disclosure of unusual construction methods
  • Correct contract wording (JCT / NEC)

Why Developers Choose Insure24


  • Specialist construction market expertise
  • Tailored cover for new builds & multi-unit developments
  • Fast documentation to meet lender requirements
  • Competitive pricing from top-tier insurers
  • Dedicated support for claims & compliance

“Insure24 quickly understood the complexity of our project and arranged comprehensive cover that satisfied both our funders and contractors.”

Mark S., Property Developer

FREQUENTLY ASKED QUESTIONS

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Do developers need Contract Works Insurance?

Yes - it protects the works in progress from fire, flood, storm, theft, vandalism and accidental damage during construction.

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Does this insurance cover hired-in plant?

Yes - hired-in plant cover protects equipment the developer rents from third-party suppliers.

+-

Is Employer’s Liability needed if subcontractors are used?

Usually yes - labour-only subcontractors are treated as employees and require Employer’s Liability cover.

+-

Do lenders require this insurance?

Most lenders require Contract Works, Public Liability and evidence of adequate site security and risk management practices.

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Can this cover be arranged for multi-phase developments?

Yes - developers can secure cover for phased builds, regeneration schemes or large, ongoing projects.

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