Return to Construction
Insurance and risk management in the construction industry is unique – it can be complex and at times difficult to navigate. As the national and global landscape that shapes the construction industry evolves, so too can insurance and risk management requirements. Keeping on top of it all isn’t easy.
That is why we delve into the detail - so you don’t have to. Know the Drill provides only ‘what you really need to know’ to keep abreast of construction insurance and risk - all in one place. If you have any questions or would like further advice on any of the issues discussed in Know the Drill, talk to an Aon Construction specialist today.
As we look to the future, the challenges facing all industries, businesses and communities can seem immense. Know the drill is about starting important conversations, sharing industry-specific perspectives and using our insights and capability as a global leader to share how informed risk management and solutions can help future-proof the construction industry in New Zealand. For Issue 1, we look at how contractors can free up capital in a cost-effective way; are the contract works policies keeping up, and we take an insurance perspective on the supply chain.
In this issue we discuss the policy additional item limits required in Contract Works Insurance, take a closer look at Performance Bonds and why they are viable alternative to bank facilities, and provide an update on travel insurance now that offshore travel is possible to Australia and the Cook Islands.
In this issue we share an Insurance Market Update, discuss the Communicable Disease Exclusion arising from Covid-19, our concerns and how insurers are responding, and we discuss insurance considerations and Warranty and Indemnity insurance when buying or selling a business.
In this issue we discuss material disclosure of business activities and our recommendations to avoid nasty surprises at claim time, plus introduce Aon Risk Management Services, specialising in construction project risk.
In this issue we introduce you to WorkAon, outline 5 important considerations before signing a Licence of Air Space or Air Right Agreement and discuss insurance options to cover the cost should a project be delayed due to a valid damage event covered by a Contract Works policy.
In this issue we discuss Employment Practices Insurance, Covid-19's impact on Credit Insurance and the upcoming Privacy Act 2020.
About | Aon Construction
Aon’s Construction practice is second to none in New Zealand - both in terms of experience, and in size. Our dedicated team successfully manage a multitude of projects; from domestic house construction & alterations, to some of the largest and complex construction projects in New Zealand and Asia Pacific. When it comes to construction insurance, we’re with you every step of the way.
Subscribe | Know the Drill
Receive Know the Drill straight to your inbox.