The civil construction industry plays a vital role in shaping Australia’s infrastructure, delivering projects such as bridges, tunnels, dams, and wastewater treatment facilities. These large-scale projects are essential to the nation’s development, but they also come with unique challenges and significant risks.
From workplace injuries and equipment damage to weather disruptions and fire hazards, civil construction businesses face a range of potential threats that could lead to financial or legal setbacks. Effectively identifying and managing these risks is crucial to ensuring projects are completed safely, on time, and within budget.
Insurance Considerations for the Civil Construction Industry
At Coverforce, we have a wealth of experience covering the unique exposures associated with civil contracting and infrastructure projects. Our brokers can provide expert risk management advice and help arrange tailored insurance solutions for your business or projects.
Whilst working with your business, your insurance broker will:
- Conduct a full risk assessment and analysis prior to commencement of any new projects
- Liaise directly with the engineering and/or project management team on board
- Help you to understand your insurance arrangements, ensuring they remain flexible and cater for change of scope or delay in start-up
- Clearly communicate your exposures and provide you with accurate assessments of the potential underinsured aspects of any project
- Proactively review any contract conditions to ensure we are providing you with the coverage you require at the best possible price
Specialty Services
We can also offer an array of specialty services such as contract reviews, bonds and OH&S Audits including:
- Assets and Insurance Valuations
- Business Interruption Reviews
- Surety and Contract Bonds
- HBCF Insurance
- Contractual Reviews and Contract Advice (24hr turnaround)
- Trade Credit Insurance
- International Placements
- Workers Compensation assistance, including classification review, OH&S Audit, ongoing claims management and return to work support.
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How Coverforce can help
At Coverforce, our expert team of insurance brokers will take the time to assess your individual requirements and exposures and deliver a comprehensive insurance solution that is tailored to your specific needs and budget.
For more information or to speak to one of our brokers about arranging cover, please contact us.
Alternatively, you can simply fill out a Civil Construction Insurance Quote form below and one of our insurance brokers will get in touch with you within one business day.
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