In high-stakes construction environments across Perth, Sydney, Melbourne, and Brisbane, protecting valuable assets, securing safety, and minimizing financial risks are essential.
BAU Risk’s Construction Insurance is tailored for the unique needs of the construction industry, covering risks such as property damage, liability claims, and business interruptions. This coverage allows construction firms to focus on completing projects without the stress of unexpected financial setbacks.
Serious claims in 2021
According to WorkSafe Australia, there were over 4,000 workplace incidents in the construction industry in 2022, highlighting the need for robust insurance coverage.
Does not recover
A survey by Business Australia found that 60% of construction companies faced legal issues due to inadequate insurance coverage.
Construction Insurance from BAU Risk includes several critical protections designed to keep projects running smoothly. Property insurance safeguards essential assets and equipment from damage or loss, ensuring quick recovery if unforeseen incidents occur. Public liability insurance covers claims related to third-party injuries or property damage, essential for high-risk construction sites. Business interruption insurance offers financial stability if project delays impact operations, allowing businesses to manage costs effectively. Additionally, professional indemnity insurance protects against negligence claims, crucial for maintaining client trust in large-scale projects.
For firms with employees, workers’ compensation insurance covers workplace injuries, while management liability insurance protects company leaders from potential legal and financial liabilities.
For tailored insurance solutions to protect your construction business, Request a Callback or Contact Us today.
Protects assets and equipment from damage or loss.
Covers third-party injury or property damage claims.
Provides financial support during periods when operations are disrupted.
Provides protection against claims of negligence or errors in professional services.
Covers medical expenses and lost wages for employees injured on the job.
Offers protection against claims related to management decisions and actions.
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Keeping your business covered, so you can keep business as usual.
BAU Risk Services Pty Ltd is a Corporate Authorised Representative (CAR No. 001308013) of Apollo Risk Services Pty Ltd AFSL 403727 and provides General Insurance and Risk Management Services to their Australia wide clientele.