Articles, Guides, Checklists and Videos
Articles
Builtin’s Risk Management & Insurance Talk at ITM’s LBP Training Days
This 20 minute video covers the key insurance policies builders need to consider, what they cover and what the gaps are. Insurance is just one part of a broader practice of risk management that business owners need to prioritise. This could involve training, systems, professional service partners, policies and processes. The aim is to ensure every risk is identified, quantified and managed in some way, so there are no surprises!
The Holy Grail for all Business Owners – Eliminating Risk & Uncertainty
Imagine a world where you could run your business without worrying about anything unexpected coming along to knock you off track. No economic downturns, no new government regulations, no natural disasters, no accidents on site, no nightmare customers, no staffing...
Work out the value of your tools
Most builders tools are undervalued and underinsured. Use our smart tools inventory to work out how much your stuff is worth, record evidence of ownership and keep it updated as you buy more.
Managing Risk and Insurance Basics for Apprentices
As an apprentice working for a builder, hopefully on wages and not as a contractor, you have less to worry about than the business owner. But if your plan is to go out on your own one day it pays to have at least a basic understanding of the risks you will need to manage, and what sort of insurance package you might need.
Proving ownership of your tools & equipment in case of an insurance claim
Too frequently, we're managing tools insurance claims where payment is delayed while the customer tries to dig up proof of ownership of the stolen items. A little bit of preparation will save a ton of time and effort if a claim ever does need to be made. Here are some...
Boardroom Risk Management 101 for Construction Companies
One of the most critical responsibilities for any board of directors is to anticipate and manage potential risk to the business. For this reason we advocate for a broader “Business Risk” board meeting standing agenda item, under which health & safety would sit alongside a number of other areas of risk.
Videos
Guides & Checklists
Simple Risk Management Checklist
Use the checklist below to lower the odds of some of the most common risks faced by construction companies and tradies happening to you and your projects.
Key Risk Checklist for Builders
Work through the checklist to see how well you're managing the top 5 risks identified by builders. It's recommended to use the checklist for every job or project.
Building Contractor Risk Scorecard
Use this form to regularly assess key areas of risk. This will help identify trends in performance and indicate where action needs to be taken.
Easy Guide to Contract Works Insurance
Builtin’s Guide to Contract Works Insurance outlines some of the most important issues with this type of cover that builders need to be aware of when starting a new project.
Defective Workmanship Cover Explained
Defective workmanship—by you or your team—can expose you to thousands in liability, legal fees, and damages. Make sure you're properly protected.
Basic Tool Inventory for Builders
Use this table to work out how much your tools are worth and keep a record of them. You can save and update the list any time. You will be able to print a copy.
Builders Insurance Requirements Checklist
Use this form to check if there are any gaps in your insurance coverage compared to the areas of risk that you're exposed to.
Construction Project Risk Checklist
Use this form for each new job or project. It will help ensure you have covered off the most important tasks to mitigate risk to the project's success.
Construction Project Insurance Checklist
Every building project involves risk. The risk may be higher or lower, depending on a whole range of factors, and you will need to eliminate, isolate or minimise these risks.