You've got your tools, you've got your ute, you've got your ABN. You're all set, right? Not so fast. It's important to cover your back, too - here's a guide to what insurance you'll need and when.... read more
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.... read more
The UK's Grenfell Tower disaster has had widespread implications for professionals in Australia's contruction industry. Here's how to help protect yourself if you're a contractor who's worked on any Australia building project.... read more
When it comes to a liability policy, you want to make sure there’s no easy reason for an insurer to decline indemnity. One of the most common issues we see is not getting the name insured right on a policy.
You’d think it would be simple, right? But a lot of businesses need help in ensuring all trading entities are noted as insured on the policy schedule.... read more
Professional Indemnity Insurance provides protection for a legal liability to defend yourself against an actual or alleged error or omission in your work.
It can protect your business and reputation against a range of claims including errors in council submissions, lost documentation, inadequate advice, and acting without proper instructions from your client.
While it’s an important insurance for building designers, architects and other types of building professionals and consultants to have, at times it can be confusing when you should or shouldn't provide evidence of having this insurance for your business.
In this article, we look at the different requirements for Professional Indemnity Insurance as well as the instance for when you should produce your policy if you are asked for it.... read more
It’s common in commercial real estate leasing for a tenant to pay various outgoings related to the building and its use for the term of their tenancy. But is it a good idea to leave the responsibility of insurance coverage to them as well?
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You may have heard in the media the many issues relating to the dangers of Non-Compliant Building Materials in particular flammable cladding and the flow on effect this has to Professional Indemnity Insurance Policies. Due to these issues, (such as the cladding building fires in London and Docklands) many of the insurers have reacted by adding policy cover exclusions regarding to claims arising from non-compliant building materials and the insurers are also raising their premiums.... read more
P.I. Insurance: tips and traps for construction contracts, If you need assistance with contracts please contact cgib and your account manager will advise you on services we can offer.... read more
Many of our clients are regularly asked to sign contracts. How much do you know about contractual liability and the IMPACT it can have on your insurance policies and even your assets?
Do you have the right cover or are you exposed?
We would like to provide you with an update on the DBI product, process and how we can assist you obtain the Insurance.... read more
We would like to take this opportunity to update you on some recent changes and enhancements to our business, products and services.
Natural and man-made emergency situations can happen at any time. A household emergency plan is to help you and your family be better prepared for an emergency. Use it to record evacuation routes from your home and important numbers and contacts.
Assessment and planning to determine what disasters are more relevant to your home and area where you live can help you and your family reduce the impact of the emergency and may recover quicker afterwards.... read more
As of September, CGIB has merged with former Authorised Representative Building Industry Solutions (BIS). With this merge come new staff and a long established Building Designers Scheme that caters for over 1300 Designers Australia wide.
BIS has forged strong industry support over the last 17 years, by developing and providing a leading-edge product for building designers, that responds to the needs of the profession. Lance Patison the Managing Director of BIS has a technical background in Building Design, Building Surveying and Construction Management.... read more
In this edition:
- WorkCover Insurance
- Public Liability
- Equipment and Tools of Trade
Whether your business operates from an office, a retail outlet, a manufacturing plant or something else, the premises, the content and the operation should be insured. Winter is coming and risk of flood and storm damage increases. Now is the perfect time to prepare your business, things that you could do are:... read more
Over the summer many of us will take a break from work to enjoy a well-deserved holiday, catching up with family and friends out or entertaining at home.
To fully enjoy your break, you need to be fully satisfied that your home, business and car are safe from theft and damage while you are away. And for that extra piece of mind travel insurance is a good way to have yourself covered in the unlikely event of an accident while away.... read more