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
Be Aware of the Building Defects Exclusion
This is an exclusion in most construction and liability policies these days. It stemmed from the leaky homes crisis and effectively excludes any claim where water has penetrated a building through its external envelope. This sucks for trades who are working on this...
Retentions Regime Under Review Again!
The protection of retentions has been an issue in the construction industry for years, not just in New Zealand but globally. Amendments to the Construction Contracts Act a few years back put obligations on head contractors to protect those retentions by holding them...
Why Take Out Statutory Liability Insurance?
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...
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