The construction industry is inherently risky and litigious. Prudent risk management is essential to avoid potentially catastrophic consequences.
Traditional construction risks, such as contract works, public liability and plant and equipment, continue to be significant elements of risk management. However, risks such as environmental liability, professional negligence and trade credit are increasingly important.
All of these risks can quickly escalate to litigation involving multiple parties. The ultimate responsibility for these liabilities is not always straightforward, due to contractual transfer of responsibility for liquidated damages, collateral warranties and other contractual conditions. The ability to pay legal costs, therefore, is a significant risk of its own.
Gow-Gates’ professional risk management and insurance broking services give you easy access to our diverse range of skills across all facets of the construction, engineering and infrastructure sectors.
With advice from our team of dedicated construction industry experts, you can manage your risks, mitigate otherwise crippling expenses, improve margins, and become more successful and competitive.
P: 02 8267 9981