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...
Customers refusing to pay or cancelling jobs at the last minute has been identified as the most serious business survival risk according to a survey of builders carried out by construction risk specialist Builtin. The survey, conducted at the end of July, asked over...
In this webinar Sean McCarthy from Legaleze gives an intro into the basics of construction contracts, including the most common issues and how to avoid them. Legaleze is a specialist in construction law. Sean leads the practice as Principal Lawyer and Director. Prior...
Following the leaky homes crisis most public/general liability policies in New Zealand include a Building Defects Exclusion. Read more about that here: Be Aware of the Building Defects Exclusion. Essentially, it excludes claims related to water penetrating the...