by Ben Rickard | Jul 17, 2025 | Insurance
The “Your Products” exclusion in public/general/broadform liability insurance can be extremely frustrating for builders (and other trades) in some claim situations. It can result in declined claims where the damage or loss suffered by the third party (eg....
by Ben Rickard | Jul 1, 2025 | Insurance
Keep your insurance active before you retire – If a policy isn’t in place when damage happens, you won’t be covered later, even if the claim comes in after retirement. Public Liability (Occurrence-based) insurance – This needs to be active when the damage occurs....
by Ben Rickard | May 14, 2025 | Insurance
We recently helped a new customer change insurer (and broker) after it was discovered that they had been insured, incorrectly, as a project manager rather than a building contractor. It turns out if that customer had needed to make a claim (which fortunately they...
by Ben Rickard | Apr 13, 2025 | Insurance
We’ve had a number of queries recently from builders (and it’s a regular question) asking what happens if their customer doesn’t arrange contract works insurance on a renovation or alteration. As most of you should know by now, when a project involves working on...
by Ben Rickard | Mar 27, 2025 | Insurance
Recently, a customer of ours was ordered by the Employment Relations Authority (ERA) to pay compensation to a former employee. They only informed us of the situation after the judgment was issued. We lodged a claim with their insurer. Failing to notify your insurer as...
by Ben Rickard | Mar 10, 2025 | Insurance, Risk Management
Liability for defective workmanship is one of the top 10 risks identified by Kiwi builders. Additionally, recent BRANZ research shows that 86% of homeowners had to call their tradies back to remediate defects (many of these are likely to be minor however). Minimising...
