by Ben Rickard | Jan 20, 2025 | Insurance
There are really two parts to this question: Is landscaping covered by insurance if it is damaged by fire? Am I insured if I cause a fire that damages someone’s property? Is landscaping covered by insurance if it is damaged by fire? To the first question, generally,...
by Ben Rickard | Dec 12, 2024 | Insurance
Recently, one of our customers asked a very good question about insurance claims on trailers that are loaded in excess of the manufacturer’s specifications. He noted the following exclusion in his commercial vehicle policy: Overloaded vehicles This policy does...
by Ben Rickard | Nov 17, 2024 | Insurance
Public liability insurance (also known as general or broadform liability) covers accidental damage or loss to another person’s property that you are responsible for. If the property that gets damaged is owned by you, then it’s not covered. This can in some cases...
by Ben Rickard | Nov 1, 2024 | Insurance, Risk Management
NZI issued a bulletin recently following a review of their Cyber claims. This has shown an increase in the number of incidents where a business has transferred funds to a Threat Actor, rather than the intended recipient. Banks are sometimes able to freeze these...
by Ben Rickard | Oct 21, 2024 | Insurance
Ben Rickard, construction risk specialist at Builtin Insurance Brokers, outlines how they saved big bucks for one new customer. Background JFC Pumps is a well known and highly reputable Christchurch-based concrete pumping company. Its managing director, Tim Johnstone,...
by Ben Rickard | Aug 7, 2024 | Insurance
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...
