Construction Insurance

McKenzie Ross employ dedicated construction specialists to work with our clients to exceed their expectations of an insurance provider. We cover the full service spectrum from contract advice, insurance placement, account management and claims, including speciality services such as warranty, surety, environmental liability, commercial structural defects and risk management.

 

Insurance For Builders

Contract Works is a broad policy for those in the Building and Construction trade. It can be taken as a contract-specific policy or annually with a transfer or run-off basis, primarily covering material damage and liability.

Contract Works can cover:

  • Construction of residential, commercial and industrial structures
  • Third party liability – legal liability to third parties who suffer personal injury or property damage due to the Insured’s negligence
  • Advanced Business Interruption (or Delay in Start Up) – covers loss of profit caused by a delay in completing a project and is available on a gross-profits, rentals or holding-costs basis

Your Building Insurance Experts

McKenzie Ross employs experienced builders warranty practitioners who will provide you with a comprehensive review of your insurance exposure and provide a tailored insurance solution to suit your company’s needs. We recognize the difficulties that builders may encounter when seeking insurance and obtaining eligibility. McKenzie Ross tailors requirements to suit the builder in a number of innovative ways.

Key Benefits Of Using McKenzie Ross

High level assurance that risks are transferred where intended.

A greater understanding of the risks retained in your organisation, some of which may require alternative management methods.

A formal process of risk identification that demonstrates good corporate governance to stakeholders.

Linkage between insurance and your organisation’s overall process for risk management.

Enhanced ability for ‘insurable’ risk to be transferred to insurance markets in the best possible light by demonstrating sophistication in identification and analysis.