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Directors & officers liability for building contractors

Are you doing everything your contract requires you to?

by Ben Rickard | Mar 8, 2021 | Bonds, Guarantees, Insurance

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....

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Container shipping vessel

Delays to Vehicle Repair and Construction Timelines

by Ben Rickard | Feb 11, 2021 | Insurance, Other

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...

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Builders coach webinar

Free Webinar from Builders Coach – Grow Your Business Now Or Never

by Ben Rickard | Feb 9, 2021 | Insurance, Other

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...

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Legal Liability

The Importance of Maintaining Your Professional Indemnity Insurance

by Ben Rickard | Feb 5, 2021 | Insurance

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...

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Sleigh crash

Builtin’s 7+1 tips to avoid an unpleasant surprise these holidays

by Ben Rickard | Dec 22, 2020 | Insurance

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)...

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Cracked Benchtop

Some Recent Liability Claims from Builders and Other Trades

by Ben Rickard | Nov 18, 2020 | Insurance

Examples of some recent liability claims from builders and construction trades.

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Directors & officers liability for building contractors

Why You Should Regularly Review Your Insurance Cover

by Ben Rickard | Nov 2, 2020 | Insurance

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.

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Rotten Timber on residential house structure

Ever Heard of the Building Defects Exclusion?

by Ben Rickard | Oct 20, 2020 | Insurance

Following the leaky homes crisis of the early 2000s insurers introduced what is known as the “Building defects” exclusion to many different policies. Find out what the implications are for your coverage.

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Professional Indemnity

Statutory Liability – A License Complaint and a WorkSafe Investigation

by Ben Rickard | Jul 13, 2020 | Insurance

A brief overview of two license complaints and a WorkSafe claim. This is where statutory liability insurance is important.

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Builders Utes

Working Out Your Vehicle’s Market Value

by Ben Rickard | Jul 8, 2020 | Insurance

Commercial vehicles are usually insured for their market value. What does mean and how can you work it out?

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Digger hits gas main

Dial Before You Dig – Two Claim Examples

by Ben Rickard | Jun 30, 2020 | Insurance

Two examples of public liability insurance claims for damage to underground services.

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Financial Risk for Builders & Tradespeople

Can I Save Money in a Recession by Cutting Insurance?

by Ben Rickard | May 21, 2020 | Insurance

Insurance may seem like a cost that can be cut, but make sure you think through the serious implications of doing so.

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