This is an opinion piece by Ben Rickard, director of construction-focussed risk adviser and insurance broking firm Builtin. Ben and Builtin have been providing insurance and risk advice to thousands of building businesses for more than a decade. He has made...
Ben Rickard, construction risk specialist at Builtin Insurance Brokers, outlines how they saved big bucks for one new customer. Background JFC Pumps is a well known and highly reputable Christchurch-based concrete pumping company. Its managing director, Tim Johnstone,...
Note that this article is general in nature and should not be taken as legal advice. In the construction industry, the relationships between various parties, such as owners, architects, contractors and subcontractors, are often complex. One critical aspect of these...
It’s common for building companies to engage labour-only contractors instead of taking on employees. This approach has many advantages, such as cost efficiency and flexibility, admin and tax simplicity and reduced employment-related legal obligations. For individuals...
Contract works insurance, also known as contractors all risk or builders risk insurance, is designed to protect the construction project from physical loss or damage. This typically includes the work in progress and materials on-site. However, one area of concern...