INSURANCE SOLUTIONS

Construction

Insurance built around the project, contract, site and work being undertaken.

Construction risk rarely sits in one policy

Contract Works Insurance
Physical loss or damage to works and materials while a construction project is underway.

Public Liability can address third-party injury and property damage. Professional Indemnity may be relevant where design or professional advice is involved. Plant, motor and workers’ compensation exposures should also be considered where applicable.

Licensing and residential building arrangements can vary between Australian jurisdictions, so state or territory requirements must be checked where relevant.

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Australian insurance context

For Australian organisations, Construction 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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