Return to Construction
Know the Drill is about starting important conversations, sharing industry specific perspectives and using our insights and capability as a global leader to share informed risk management and insurance solutions, ensuring you are better informed and better advised to make better decisions.
In this issue, we focus on two health and safety cases and construction contracts and when to contact your broker.
In this issue we provide guidance to help you understand some substantial changes to the Act that the construction sector need to be aware of if dealing with retentions.
Issue 3 of Aon Construction’s Know the Drill for 2023, we focus on three topics: retention amendments, BDO Annual construction survey, construction contract works insurance – sate of the market
Issue 2 of Aon Construction’s Know the Drill for 2023, focus on three topics: Aon’s 2023 Weather, Climate and Catastrophe Insight; New Zealand’s recent weather events and the insurance market response and the importance of reviewing sum insured values.
Welcome to the first issue of Aon Construction’s Know the Drill for 2023. In this issue we focus on three topics: Rising to the Challenge of Climate Disclosure; New Preliminary Energy Efficiency changes proposed in the Building Act; 3910 Review – Recommended Special Conditions.
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.
Say hello to a construction specialist today, to find out about construction insurance and risk management.