Construction Contractors Whole Account

Contract conditions can be complex and the assumption by a contractor of risks such as liquidated damages following damage to the contract works, unforeseen ground conditions and onerous collateral warranties are not uncommon.

Even without such burdens each contractor has to manage financial exposures arising from loss of, or damage, to structures, stored materials, contract plant and equipment, motor vehicles and legal liability to employees and third parties.

To minimize contractors’ exposures we provide risk transfer protection for:

Construction and erection of contract works
Public, products and employers’ liability
Construction plant and equipment
Transit/cargo
Motor fleets
Loss of or damage to property and assets
Plant hire liability
Professional indemnity/collateral warranties
Legal expenses
Contractual indemnities
Cost overrun
Consequential losses
Environmental risks
Liquidated damages
Latent defects
Terrorism
Performance guarantees
Delay in completion risks arising as a result of:
- Archaeological discoveries
- Unforeseen ground conditions
- Other causes

Related services include:

Plant inspection services
Health and safety services
Construction design management (CDM) regulations services
Environmental surveys

Bill Creedon

Chairman of Global Construction

Bill Creedon is the Global Head of Construction for Willis. During his time in the industry, Bill has held a variety of roles ranging from client management to local and global leadership. Over the years, Bill has gained experience with a broad spectrum of heavy civil and building contractors. Bill also works closely with the Graduate Development Program at Willis dedicated to fostering young talent within the company.

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Joanne Foley

Transport Practice Leader

Relevant Experience/Specialization
Joanne has worked in the insurance industry for over 20 years.  Since joining Willis in 2004 she has focussed on the infrastructure sector providing advisory, due diligence and insurance placement services throughout the project lifecycle through bid, construction and operation.
Joanne has supported PPP and major infrastructure projects in a wide variety of territories. She has worked for all project parties including Authority, Lenders, Project Co, Equity providers, Contractors and Operators, using this strong understanding of the motivations of the many stakeholders to a major infrastructure project to build a collaborative working environment and develop effective risk allocation and transfer solutions.
Joanne led development of our Global Infrastructure proposition, to deliver a strategic approach to major infrastructure projects, promoting excellence and a unified approach to bring optimal risk solutions to our clients in the infrastructure space.
Joanne leads our European Construction Team which is comprised of over 100 construction experts.
Education and Credentials
Associate of the Chartered Insurance Institute (ACII)
Chartered Insurance Broker
International Diploma in Risk Management (MIRM)
BA Insurance and European Studies

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