Construction & Infrastructure

Why construction companies need a specialist broker

Construction companies with turnover $20M and above— operate in a risk environment that most generalist brokers aren't equipped to handle. You're managing multiple concurrent projects, each with different contract forms, different principal-imposed insurance requirements and different risk profiles.

A head contract under AS4000 has different insurance obligations to a Design & Construct contract under AS4902. A principal-arranged insurance program creates different exposures for the contractor than a contractor-arranged program. Your broker needs to understand these distinctions and structure cover accordingly.

What risks we manage

We structure comprehensive insurance programs for construction companies covering:

Contract works insurance — annual and project-specific policies, principal-arranged and contractor-arranged cover, existing property and surrounding property damage, materials in transit and stored off-site, and advance consequential loss.

Public and products liability — tailored to construction-specific exposures including vibration, removal of support, crane operations, hot works and completed operations extending beyond practical completion.

Professional indemnity — for contractors providing any design, engineering, specification or project management services, even where this isn't the primary scope of work.

Plant and equipment — covering owned, hired-in and leased machinery across multiple project sites, including transit between sites.

Management liability — directors' and officers' cover structured for the WHS obligations that construction company directors carry personally.

Workers' compensation — managed across multiple state jurisdictions for companies operating nationally.

Surety bonds for construction

Most construction contracts require performance security — typically 5–10% of contract value. We structure surety bond facilities that replace bank guarantees or cash retentions, freeing up working capital for equipment, hiring and tendering for larger projects.

Our surety capability covers performance bonds, maintenance bonds, retention bonds and advance payment bonds — all issued within 24–48 hours under a pre-approved facility.

How we work with construction clients

We review your key contracts and tender pipeline to understand your insurance obligations before they become problems. We structure programs that satisfy principal requirements across multiple contract forms simultaneously. And we manage the program actively — handling claims, conducting annual reviews and adjusting cover as your project portfolio evolves.

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