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.
A brief overview of two license complaints and a WorkSafe claim. This is where statutory liability insurance is important.
Commercial vehicles are usually insured for their market value. What does mean and how can you work it out?
Two examples of public liability insurance claims for damage to underground services.
Insurance may seem like a cost that can be cut, but make sure you think through the serious implications of doing so.
Check out how a guarantee can help reassure clients during these uncertain times. Plus, other ideas to help manage your business risk including short term small business loans and ways to improve your cashflow as the economy takes a hit from coronavirus.
Read about 6 examples of claims from builders and other construction trades. These are cautionary tales to be help you be better prepared!
According to construction insurance specialist insurer MECON, 45% of building failures are a result of design issues. Without professional indemnity (PI) cover builders run the serious risk of being uninsured when they are dragged into litigation over defective design.
This presentation includes examples of WorkSafe prosecutions of construction companies. It explains the insurance available to cover health & safety liability, as well as employee disputes.
With the recent Sky City Convention Centre fire a hot topic (ha ha) now is a good time to highlight the expectations insurers generally have around hot work claims.
There are far too many examples of trade firms being penalised for not following the right processes when dealing with an employment dispute. Regardless of the merit of the dispute, if you don’t follow the right procedures, you could be in trouble. Even with the best processes in place you may at some point have to deal with a disgruntled employee and have to face the Employment Relations Authority. At the very least you will need to engage professional legal services to help you through a dispute.
Builders can be liable for mistakes made by their subbies or consultants, whose terms of trade often limit their liability. It is wishful thinking in the extreme to assume someone else’s insurance will protect you, even if you’re only liable because of their mistake.
