by Ben Rickard | Jun 30, 2014 | Insurance
Do you know if your company is solvent? If it’s insolvent and you continue to trade, you could be in breach of the Companies Act. If the company can’t pay its bills, creditors could seek recovery directly from you personally. The building industry is chocka of small...
by Ben Rickard | May 1, 2014 | Insurance
Enforcement actions in the construction industry for inadequate height protection have risen nearly 500% in the past three years, but prosecutions have fallen 90%.* This is largely due to the “falls from height” campaign and more proactive action by inspectors. ...
by Ben Rickard | Jan 14, 2014 | Insurance
Ever been asked to sign off work you haven’t supervised? If you’re unsure of the quality, you should think twice before putting your name to work. Builtin New Zealand has received many calls from builders, who’ve been asked by their employer to sign off the work of...
by Ben Rickard | Dec 15, 2013 | Insurance
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...
by Ben Rickard | Nov 15, 2013 | Insurance
Whether you’re building new or doing an alteration, extension or renovation, your contract will require contract works insurance to be arranged to cover the work. The policy, often called builders’ all risk or contract works insurance, provides cover for sudden...
by Ben Rickard | Oct 22, 2013 | Insurance
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...