Navigating Risks in Construction: Your Ultimate Guide
Discover essential strategies to manage risks and secure the right insurance for your construction business.
Why Risk Management is Crucial for Your Success
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Don’t let unforeseen challenges derail your projects. Ensure your peace of mind with tailored insurance solutions.
Navigating the Complexities of Risk Management and Insurance in Construction
FAQs from ITM’s 2023 LBP Training Days
We answer the questions: what is the Building Defects Exclusion; when should I have contract works insurance; do I need to have both public liability and contract works insurance; are sub-contractors covered by contract works insurance?
Beware the cap on liability in contracts for professional services
A High Court decision in 2021 reaffirmed the effectiveness of limits on liability imposed in the terms and conditions of professional services firms. Why Is This Important? For builders who engage designers, architects, engineers, surveyors and any other professional...
The cyber threat to small building businesses must be taken seriously
Small businesses are an increasingly attractive and easy target for hackers, where the process to attack thousands of entities all at once is facilitated by software tools and artificial intelligence. Added to that, building businesses often deal with high value transactions, with deposits and progress payments in the tens of thousands of dollars, if not more.
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Ensure your construction business is safeguarded with tailored risk and insurance strategies. Contact us today for a personalized consultation.