Real help for CONTRACTORS AND DEVELOPERS
- Plans to ‘deskill’ electricians are scrapped
- Spotlight on Owner Controlled Insurance Programmes (OCIPs)
- Turning people risk into a business opportunity from our colleagues in Mercer Marsh Benefits
Help mitigate the day-to-day risks you face as a contractor.
- Electrical, fire and security
- Cleaning contractors
- HVAC contractors
- Professional indemnity
If you're only insured for 50% of your loss, you’ll only get a pay-out for 50% of your original insured value. Is your business underinsured? Understand the true cost of underinsurance.
If you’re an owner, contractor, engineering consultant, or project partner, the risks you face in the construction sector are varied. Depending on your requirements, your construction project insurance may be best suited to a solution that includes covers such as:
Not everyone is a fan of extra paperwork, especially if you’re a contractor working on potentially small jobs with a fast turnaround. But having full and valid risk assessment/method statements (RAMS) is essential for good business – it is also a legal requirement if you employ more than 5 people. Read our article How can risk assessments make you a better contractor? for more information.
By investing in your employees, you can mitigate your risks and reduce your costs while helping to ensure a healthier, happier and more productive workforce. Redefine your workplace, reshape retirement and investment outcomes, and unlock real health and wellbeing for your employees with our sister company, Mercer Marsh Benefits (MMB) in your corner.
Health and benefits
- Employee benefits and strategy design
- Benefit engagement and communications
- Benefits technology and digital solutions
- Private medical insurance for individuals
Investment and retirement
Workforce and careers
Explore Mercer's insights and thought leadership on global events, trends and policies affecting today's organisations — from regulatory changes to innovative strategies for health, wealth and career.
Demanding workloads, tight deadlines, long working hours, critical incidents, financial concerns, and isolation are contributing to high levels of stress among workers in the construction industry. Put yourself in a better position to support your employees with:
Mental health first aider training
Working with our colleagues in Marsh, we're able to offer a variety of mental health and wellbeing solutions for your business. Download the value proposition.
- Stress and wellbeing policy template
- Creating a framework for managing employee wellbeing
- Wellness action plan template
- Mental health and employment law myth busters
Construction’s growing reliance on digital technologies means cybercrime and GDPR non-compliance now represent a growing risk. Help reduce your cyber exposure risks with:
The use of cross laminated timber or "CLT" is increasing in the construction sector, including redevelopment of existing assets. If you're building with cross laminated timber, what are the insurance considerations? Our colleagues in Marsh explore, read the article.
Using waste organic materials in construction can help cut embodied carbon emissions and divert waste away from landfill and incineration. Our colleagues in Marsh look at how the construction industry is tackling environmental issues and aiding countries to reduce emissions and meet ambitious targets. Insights include using waste as alternative construction materials and the risks of using low-carbon cement. Read both articles to learn more.
Any tradesman regularly working in buildings older than the year 2000 are at risk of asbestos. So, what exactly is asbestos, and how can you, as a contractor, minimise the risks? Learn more.
In today’s commercial environment, construction companies need to evaluate their current cash position and near-term cash needs much more regularly than before. So what are their options? Find out more.
The risk of non-payment can be a significant risk for any business trading on open credit terms. You can mitigate this risk to your business by getting credit insurance. This can cover any business dealing on credit terms, whether you are supplying goods, providing services or operating in a contracting environment. Learn about trade credit insurance. You may also be interested this article by our colleagues in Marsh - construction industry insolvencies expected to rise: trade credit insurance considerations.
Keyless theft is a rising epidemic, allowing thieves to break into and steal a vehicle in as little as ten seconds. Contractors must be aware of the increased risks of keyless theft and take the necessary security measures in order to keep their vehicles safe. Learn more about the rise of keyless van theft, and how you can protect your trade vehicle from tool theft.
Turning people risk into a business opportunity
Discover the key people risks facing UK businesses and why HR and risk teams must collaborate to address these.
People risk is a growing concern for UK organisations as issues including health and safety, DEI, responsibility and cybersecurity move up the boardroom agenda. Two new studies by our colleagues in Mercer Marsh Benefits clearly demonstrate the importance of tackling people-related risks and why HR and risk managers must work more closely together when approaching these threats. They also uncover a disconnect between a board’s appetite for tackling key issues and the implementation at a manager or employee level.
Download the report to explore:
- The key business challenges shaping the Board agenda and HR focus in 2021, showing why the need to focus on people risk is urgent.
- The top 10 people risks facing organisations today and how these differ between UK and global organisations and between HR and risk teams.
- The blind spots showing a mismatch between critical risks and the efforts being made to address these.
- The key barriers to managing people-related risks.
The Roots of Leadership, provides a unique platform for listeners to learn from leaders, innovators and motivators. Created and hosted by our CEO Anthony C. Gruppo, the podcast aims to help others weld their passion to their potential, to increase their performance. Guests include:
Touker Suleyman - fashion retail entrepreneur, investor, business owner and of course one of the highly respected moguls on hit television programme, ‘Dragons’ Den’.
Jamie Peacock MBE - former Rugby League player, motivational speaker and mentor.
And many more inspirational leaders.
Listen to the podcast.
If you decide to hire an apprentice there are a few things to consider, perhaps most importantly whether they’re properly protected. It’s crucial you take appropriate action to assess the risks and implement steps to protect all workers whatever their age. Here's our top tips to help protect your apprentices.
Passion. It’s not something you’d usually associate with insurance. We think it should be.
After all, it’s what drives us to get to know you better and deliver the very best insurance policies and customer service.
It’s why we’re here when you need us – supporting you, your family and your lifestyle.
Bona Fide vs. Labour-only subcontractor - know the difference
If you’re involved in any kind of contracting, you’ll probably have been asked about payments you make to sub-contractors and whether they are bona fide or labour-only. To help clarify things, here is a simple guide.
Building for the future
Free insights guide
How is UK construction dealing with the disruption of COVID-19 and how are firms preparing to bounce back and lay the foundations for growth? Gain the latest sector insights with our guide.
Sign up to our construction newsletter
Stay up to date with the latest trends, expert insights and regulatory changes impacting you and your business.
Essential reading for contractors and developers
As a UK contractor, your varied work presents many different risks. To protect you, you need insurance; but are you paying too much for your protection?
We know UK contractors are busier than ever, so it’s important to ensure you have adequate protection. We highlight the essential contractors insurance.