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INDUSTRY SOLUTION

Construction & Trades

Insurance for Australian builders, contractors and trades.

OVERVIEW

The work itself drives the insurance approach

Construction and trade businesses can face property, liability, contract, vehicle, plant, professional and workforce exposures. New builds, alterations, structural work, excavation, demolition, hot work, work at height and subcontracting can all change the risk.

Commonly relevant covers can include Contract Works, Public Liability, Commercial Motor, Professional Indemnity where design or advice is provided, and Workers’ Compensation arrangements relevant to the jurisdiction.

State and territory requirements should be checked where licensing or residential building arrangements are involved.

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Australian insurance context

For Australian organisations, Construction & Trades should be considered against the actual activities, location, scale, contracts, assets and risk controls of the business. Insurance requirements and insurer appetite can vary by state or territory and by the way the risk is presented.

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