29 April 2025
Online Masterclass
12pm-1pm
Free
Construction Insurance Explained.
Under your construction contract you have been allocated (amongst other things) the risk for unforeseen ground condition. An occurrence of such risk could render a rectification cost of £5,000,000. Do you have £5,000,000 in the bank?
It is simple, insurance is required to protect your company and/or your project.
Your company will pay a premium to the insurer who will agree to make payment if a specified insured event occurs, subsequently insurance is generally a condition precedent in many construction contracts.
The general insurances seen in Construction are:
There are several common misconceptions in the construction industry about insurance requirements under construction contracts. In this discussion, Quigg Golden will clarify these issues.
We will also cover the general types of insurance required in construction contracts, the reasons behind these requirements, and key insights from recent case law examples.
This online masterclass will be delivered by Associate Director, John Doherty.
