Insurance is an important component of the risk profile of any major construction and engineering project. Our team is experienced in providing advice to insurers, architects, engineers, consultants and contractors on claims under construction related insurance policies, including professional indemnity, construction all risks, delay in start-up and liquidated damages insurance.
These claims have arisen on a broad range of projects and typically involve professional negligence and defects, claims for delays, land contamination, as well as common insurance perils such as fire and weather damage, and public liability claims.
We understand and have experience with the reporting protocols that commonly attach to professional indemnity and other insurance claims, including the provision of advice on policy issues.
We are also familiar with the issues that arise during contract negotiations regarding insurance regimes. We have extensive experience in advising on insurance provisions, in consultation with our client’s insurance brokers, to ensure that the contractual obligations reflect the available cover.