Construction is one of the largest industries in Australia in terms of number of people employed within the industry. Due to the use of heavy equipment, job site conditions and physical hazards on construction sites, there is an increased potential for incidents, accidents and fatal injuries occurring on building sites compared to other industries. There are some steps construction…
The construction insurance market in Australia is changing in 2021, with some insurers leaving the market, resulting in an increase in pricing, rising excess levels, and more restrictions placed on policies and claims. In addition, COVID-19 has had an impact on the construction industry and related losses. New and changing reforms around Mandatory Insurance for those in the construction industry…
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