The construction industry faces numerous risks, from unforeseen weather events and accidental damage to injuries, property damage, and legal liability claims. We create tailored construction insurance policies that provide essential protection, safeguarding your business or projects.
Construction Insurance is designed to protect construction projects, businesses, their owners and other stakeholders from risks that arise throughout the construction lifespan of a project.
Coverage for damage to the construction site, materials, and equipment due to fire, flood, storms, theft and vandalism, among other risks.
Protection against third-party claims for bodily injury or property damage caused by your construction activities, whether brought by an unrelated party or in the form of a recovery claim from an injured subcontractor or labour hire worker.
Coverage for damage to owned and hired plant and equipment, as well as construction materials in transit or stored away from site.
When assessing your unique risks, there are several factors that will influence our advice and recommendations for your construction insurance policy, which include:
Tailor your coverage to the specific needs of each project, considering its size, complexity, and location.
Review your contracts with clients and subcontractors to understand and negotiate insurance requirements.
If purchasing an annual policy, consider the current pipeline and project types to ensure appropriate policy limits and covers are selected.