Mainzeal Property & Construction Limited was placed into receivership on 6th February 2013. A year on from that and the situation is clearer and closer to a resolution for unsecured creditors, but not by much. Waiting for Mainzeal After selling off Mainzeal’s...
Whether you’re building new or doing an alteration, extension or renovation, your contract will require contract works insurance be arranged to cover the work. The policy, often called builders all risk or contract works insurance, provides cover for sudden and...
Public liability insurance is one of the most important policies that a tradesman should have. It is intended to protect you from the cost of accidentally damaging other people’s property or causing them injury (for example where ACC doesn’t cover you). In this...
There are some common issues with contract works insurance (sometimes called builders all risk insurance by banks) that all builders should be aware of. This article outlines two more traps to watch out for. “It’s important you make your clients aware that they must...
A leading provider of liability insurance to the New Zealand building industry is urging all sub-contractors to make sure they have payment protection insurance in place in the wake of the Mainzeal collapse. Builtin New Zealand provides tailored liability cover to...
Public liability insurance is one of the most important policies that a tradesman should have. It is intended to protect you from the cost of damaging other people’s property or causing them injury (in some cases). Like any insurance policy, there are exclusions to...
