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Insurance News

New single-project option signals more movement in construction insurance
New single-project option signals more movement in construction insurance
29 Oct 2026: Paige Estritori
A new single-project construction insurance product has entered the Australian market, adding to signs that capacity is improving for selected residential and commercial building risks. Hutch Underwriting announced the launch in late September 2026, alongside higher limits for its annual construction product, giving brokers another placement option for standalone builds and recurring construction programs. - read more
Why rising builder failures matter for contract works cover
Why rising builder failures matter for contract works cover
17 Sep 2026: Paige Estritori
Australia's construction sector remains under pressure, with recent insolvency figures continuing to show building and construction as one of the most exposed parts of the economy. Higher material costs, tight margins, labour shortages, delayed payments and fixed-price contract stress have all contributed to a tougher operating environment for builders, subcontractors and project owners. - read more
Contract Works Insurance Articles

How Much Does Contract Works Insurance Cost? Key Factors That Affect Premiums
How Much Does Contract Works Insurance Cost? Key Factors That Affect Premiums
Contract works insurance premiums vary because insurers assess the project value, construction type, site risks, duration, cover limits, excesses and the builder's claims history. This guide explains the main cost factors Australian builders and contractors should understand before requesting quotes. - read more
Does Contract Works Insurance Cover Subcontractors, Owners and Principals?
Does Contract Works Insurance Cover Subcontractors, Owners and Principals?
Contract works insurance may cover more than the head builder, but who is protected depends on the policy wording, project contract and how each party is listed. This guide explains how subcontractors, owners, principals, financiers and other interested parties may fit into a construction insurance arrangement. - read more
Single Project vs Annual Contract Works Insurance: How the Policy Types Differ
Single Project vs Annual Contract Works Insurance: How the Policy Types Differ
Single project and annual contract works insurance can both help cover construction works, but they are structured differently. This guide explains how each policy type generally works, when each may be considered and what Australian builders and contractors should check before arranging cover. - read more
Contract Works Insurance vs Public Liability Insurance: Key Differences for Builders
Contract Works Insurance vs Public Liability Insurance: Key Differences for Builders
Contract works insurance and public liability insurance protect against different construction risks. This guide explains how they differ, where other builders insurance types fit, and what builders should check before relying on any policy. - read more

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Income Insurance:
Insures your income in the event of you being unable to work due to sickness or accident.