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construction industry insurance
Construction Industry Insurance

Construction Industry – Professional Indemnity Cover Under CDM 2015

The need for professional indemnity (PI) cover has grown over the past several decades as more people enter professional service-based professions. PI insurance covers ‘traditional’ professions—such as architects, contractors and engineers—and can protect yourself, your business and your reputation in the event of legal action due to a negligent act, error or omission. However, managing

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construction
Construction Industry Insurance

5 weirdest things found on a construction site

From prohibition-era liquor to a woolly mammoth, here are the five strangest on-site discoveries made by construction workers… 18th Century Revolutionary War Ship Construction workers in Alexandria, Virginia were building a new hotel when they discovered the remains of timber vessel. It is believed to have been a cargo or military vessel, deliberately sunken between

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construction industry insurance
Construction Industry Insurance

Make environmental risks top of mind

The construction industry is responsible for nearly one-third of all industry-related pollution incidents in the United Kingdom, according to the Environment Agency. In addition, the ‘polluter pays principle’ stipulates that companies causing environmental damage are financially liable for cleaning it up, repairing the damage, managing the recovery of a damaged area and potentially paying compensatory

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fire
Construction Industry Insurance

Managing your fire liabilities

On average, there are 11 construction fires every day, which annually cost the construction industry £400 million, according to the most recent figures from the HSE. Fires can be devastating, as they can damage a building’s structural elements and its equipment, as well as disrupt regular operations. For that reason, it is important to know

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Construction
Construction Industry Insurance

5 areas of risk in construction

Lockyers looks beyond “slips and trips” to get the whole picture of construction related issues. If the only risks associated with construction were that of injury or death on site, the job of an insurer would be a lot more straightforward. But lead contractors know more than anyone, except perhaps insurance experts and solicitors, that

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construction industry insurance
Construction Industry Insurance

5 ways to prevent site theft in the construction industry

In the construction industry tight budgets and demanding deadlines all contribute to the complicated issue of equipment theft. Many construction projects operate to tight budgets and pressing deadlines, meaning hired or owned equipment and tools need to be easily and quickly accessible to contractors. But the open nature of building sites, along with insufficient storage

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construction projects
Construction Industry Insurance

The world’s 10 most expensive construction projects

All around the world previously unfathomable feats are becoming possible, buildings are getting taller and cities more expansive. The only limits seem to be the sky, imagination, and the small matter of money. The ten most expensive projects in the world, in today’s money terms, show just what’s possible with the help of enormous financial

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Construction industry insurance
Construction Industry Insurance

Construction industry – 3 less obvious steps to lowering your accident rate

If you are in the construction industry, protect your workers and your projects by minimising health and safety risks. Stringent on-site health and safety measures can protect your workers first and foremost, but also care for your business by reducing absence, protecting your reputation, retaining staff and maintaining productivity. Best practices around training, the right

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Lockyers is a trading name of Advisory Insurance Brokers Limited which is authorised and regulated by the Financial Conduct Authority (reference number 313250). Registered Office: 2 Minster Court, Mincing Lane, London, EC3R 7PD. Registered in England & Wales No. 04043759.
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