Trades

What you need to know about contractor liability Insurance

If your SME uses contractors, beware the risks and how to manage them. This article explains risk management approaches include customised insurance for your unique business.

Understanding the Importance of Dilapidation Reports in Construction Insurance

As trusted insurance brokers serving the construction industry, we understand the complexities and challenges that builders face when arranging insurance coverage for their projects. One crucial aspect that often arises in certain types of construction projects is the requirement for dilapidation reports or building condition reports. In this blog post, we'll delve into what these reports entail, why they're necessary, and how they can protect builders from potential financial risks.

Strengthen Your Construction Insurance: Safeguarding Existing Buildings

Undertaking construction projects involves numerous risks, emphasizing the critical importance of robust insurance coverage. While your current construction and liability insurance policy may cover specific aspects outlined in your building contract, it's essential to understand that it may not extend coverage to existing buildings at the project site. This underscores the need for an additional layer of protection.

Stop Your Tools & Equipment Going Walkies: Here’s How

Tradies’ tools and equipment are a hot target for thieves. These risk management tips, including appropriate insurance, will help protect your gear, including if your items have been damaged.

Tips to Secure your tools

New legal landscape for construction businesses FY24

Many legal and regulatory changes are happening in the construction sector now & into the next financial year. Find out what’s in store for your state & territory with this informative update.

Tools to Help Your Business Prepare for the Bushfire Season

There are many useful and official resources to help businesses prepare for summer bushfire season and other risks.

Let's look at some of the resources you can access to help manage your natural disaster risks and why you might need them.

The Importance of Run-Off Cover for Public & Products Liability

In the world of insurance, 'run-off coverage' is a vital but often overlooked term for businesses. This post delves into its importance, especially in products and public liability insurance.

Builders’ Insurance: What Your Business Needs To Know

It’s a challenging environment for Australian builders, but you can help protect your business by bolstering your risk management. We explain the key insurance policies to consider.

The Role of Public Liability Insurance for Builders

Construction businesses need public liability insurance for protection against claims from third parties for injuries or property damage. Learn why builders and sub-contractors need separate policies.

Principal Supplied Items - Beware!

Principal supplied items, also known as owner-furnished materials, are a type of coverage that can be included in an annual construction insurance policy.

Unpacking Contract Works Insurance for Aussie Builders

Contract works insurance can be a good fit for Aussie builders keen to manage the risks on their building projects. But policy coverage varies, with options including per project or annually.

Not the same: Employee vs. Independent Contractor

Your business can avoid extra risks, liabilities and penalties by understanding and abiding by the legal differences between an employee and an independent contractor. This article offers you a guide.

Your Top-Notch Checklist To Stop Tool Theft

As a tradie, you know trying to operate without the tools of your trade is impossible.

While you may already have an excellent security system in place, it's easy to let things slip and not implement the latest technology and updates in theft prevention.

Must-have cover for builders and the construction industry

Tighter regulations and increasing risks mean there are several must-have insurance policies for the construction industry. Find out more about each and why they’re essential for your business.

Here’s how to avoid the most common construction risks

The average person might be surprised by how many risks confront construction businesses. But we’re here to help you identify and manage them.

Are you doubling up if you have builders' risk and general liability insurance?

With builders’ risks escalating and an increasingly tougher regulatory environment across Australia, how can construction contractors protect against potential liabilities and losses?

Workplace manslaughter offences: could your business defend itself?

In 2019, WorkSafe Victoria reported there were over 27000 claims for injured workers, and sadly 24 workplace fatalities occurred in the state. The tragedy of one person losing their life on the job has a longstanding effect on family, colleagues and friends, so even one workplace death is too much. As a result, new laws have been created to assist in preventing workplace death. Because everyone Australian worker has the right to go home safely to their loved ones at the end of a workday.

Insurance for the building and construction sector

Whether you’re an owner builder, a contractor or a large construction company, you’ll need a range of insurance covers to safeguard your workers, building and equipment.

Contract Works Insurance at a glance

When you're working on a construction site, plenty of things can go wrong. Damage or loss to a building could cost you time, money and even your reputation. Meanwhile, an onsite injury can result in considerable pain, stress and financial loss.

What insurance do contractors and sub-contractors need?

As a business owner, hiring a contractor or sub-contractor can be handy for seasonal peaks or one-off projects. A contractor means any person or business you hire on a contractual basis and is not your employee.