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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Navigating the Complexities of Risk Management and Insurance in Construction
Have you ordered materials early before a job starts? They may not be covered by the contract works insurance
Contract works insurance commences on the later of the date on the policy or when work starts on site. So, if you have bought materials early they may not be covered if work has yet to begin. With prices rising and supply chains stretched it’s tempting for builders to...
What Are All The Allowances In Contract Works Insurance About?
We sometimes have clients asking to remove the automatic allowances within contract works insurance, since they believe they are not relevant to their job. This is a bad idea! What are these allowances? These are the typical ones: Principal Supplied Materials Some...
Delays With Renovation & Alteration Projects – Make Sure the Homeowner Extends the Contract Works Insurance
With the market under pressure from all angles at the moment there are plenty of projects running over their expected completion date. If you don’t remember to extend the contract works insurance then you risk not having cover if something happens after it expires. In...
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