Construction Insurance

Overview

A key part of managing risk with a major project is ensuring you have appropriate and sufficient insurance to protect your organisation from unforeseen events.

Led by Partner Patrick Mead, our construction insurance team provides high-level strategic advice for insureds, self-insured companies, public and significant private companies operating within the construction, projects, and mining industries.

Our team is highly specialised and has significant experience with policy interpretation, insurance management, and claims. We advise on all aspects of insurance coverage.

In the specialised area of construction Insurance, our team predominantly supports two streams – Contractors’ All Risk (CAR) insurance (including defective structure and product claims arising in construction projects) and Professional Indemnity for construction professionals (specifically engineers, architects, and surveyors).

We have been involved in some of Australia’s largest construction and engineering claims, acting for industry participants as well as insurers.

With three decades of specialist construction insurance expertise, our team brings an immediate level of industry knowledge and understanding to claims and policy interpretation.

Services

Contract All Risks (CAR)
Erection All Risks (EAR)
Industrial Special Risks (ISR)
Construction professional liability
Contract claims management
Defective building claims and workmanship
Defence of litigated claims
Defence of subrogated proceedings
Environmental Impairment Liability
Interpretation of policy exclusions
Material damage
Policy coverage and terms and conditions
Product claims
Project coverage / insurance
First party property
Subrogated recovery actions

The team

Featured insight

Construction Insurance in Australia

Written by Carter Newell Partner Patrick Mead and published by LexisNexis, this authoritative reference is intended as a valuable resource for insurers and their advisors, students of law, brokers, loss adjusters, principals, contractors and other professionals involved in the construction and engineering industry.