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...
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...
Below are six recent cases of fines imposed under legislation. All of them are relevant to construction businesses and highlight the high cost of unforeseen breaches of legislation. Bully Boss Fined $40,000 This one happened in Australia, but they have very similar...
Roofing is a high-risk trade, with numerous hazards that can lead to insurance claims. Roofers face unique challenges, from working at heights to dealing with hazardous materials. Here are some of the most common liability insurance claims from roofers, with examples....
Public/general liability insurance is crucial for construction businesses, where the risk of causing damage to someone else’s property is relatively high. For builders, understanding the nuances between “property being worked on” and “property...
Hot work involves activities that produce heat, sparks, or flames, such as welding, cutting, grinding, and soldering. It presents significant dangers, including fire hazards, explosions, and health risks. Understanding these dangers and implementing preventive...
