Three companies working in the construction sector have been sentenced for two separate incidents that each resulted in the tragic death of a young worker. In the first incident, a 21-year-old was killed when the steel beam he was removing fell and killed him on a...
This is the content of Builtin’s Derisking Your Construction Business in 2024 Seminar, given on 13th February 2024 to an audience of construction professionals in Tauranga. Presentation Slides (PDF) Tony’s Speaking Notes (PDF) Listen to the Presentation...
In our annual outlook for the New Zealand construction sector we outline what we think the sector is going to experience over the coming year. The report includes what you can do to both be prepared for threats and take advantage of opportunities. The tone of this...
A liability policy pays for the loss that someone else has suffered but that you’re responsible for. With public liability (also known as general or broadform liability) this generally equates to the value of the property that has been damaged. If that property...
It’s not uncommon for accidental damage to potentially be covered under both contract works and liability insurance. Generally, this comes up when a sub-contractor has caused damage to other parts of the work in progress. For example, where the plumber hasn’t fitted...