In the year to August 2020 the construction industry was second for injuries that resulted in more than a week off work. It was 5,070 events. That’s over 100 per week! WorkSafe Prosecutions In Construction - 2020 and 2021 In 2020 there were 9 prosecutions of...
With a large customer base operating in the construction trades we deal with a lot of liability claims. There are some issues that, while not common, could trip you up if you are not aware of them. The Right Occupation Liability and professional indemnity policies...
There are almost as many names for this type of construction methodology as there are ways of doing it. With construction occurring across multiple sites and transport involving expensive building components there are some intricacies to the insurance programme that...
Have you taken the simple steps needed to protect your identity, email, banking and business data from identity thieves, hackers or ransomware? Scammers are targeting builders because they are more likely to send invoices for large one-off amounts that can be...
On my recent road trip catching up with builders around the lower North Island pretty much everyone raised the issue of supply of materials. This included merchants out of stock, much longer lead times on ordering materials and cost increases across the board. Some of...
A lot of insurance is tied to contracts, so it’s critical you understand what’s in your contract and comply with the requirements in there. Even if you use a standard contract, things might change and you need to be on top of this, or you might end up in hot water....
As you've probably heard already, COVID-19 is still causing significant disruption to global supply chains, with factory shutdowns, freight delays and backlogs at ports. We've already seen this with whiteware, electronics and furniture, and now auto parts are being...
Click Here To Register When did you last revisit your business processes? The right people and processes are key to increasing your efficiency and profitability. Recently, Builders Coach has had unprecedented expressions of interest from builders wanting to know how...
A professional indemnity policy must be current at the time you are held liable for whatever it is you are alleged to have done. This is known as a "claims made" policy, because you have to have it in place when the claim is made against you. This differs from public...
It's easy to forget things when you're thinking about Christmas and the holidays, as well as rushing to finish off projects for demanding customers. Here are seven + one things you should remember: 1. Secure your sites before you go (and take your tools with you)...
Examples of some recent liability claims from builders and construction trades.
Insurance is a key part of every business’ risk management plan, so it’s important to make sure you regularly check that what you have in place is suitable and make any changes that are needed.
