Whether you’re a builder, owner builder, renovator, tradesman or other building industry professional you know all too well that many factors can affect the way your business operates – local councils, neighbours, clients, the weather – the list goes on. “Hoping for the best, but planning for the worst” is the only way to survive in a competitive environment.
The nature of construction work often means that you, your business or employee’s are often exposed to a wide range of risks. Whether it’s accidental damage to someone’s property, flood or weather damage, theft, contractual penalties or in the worst case, risks of injury to you and your employees – there’s no real way to anticipate what could go wrong. There is a solution, however, to help manage these risks, and that’s by making sure you are adequately insured.
Even at a base level, as a registered building practitioner, you must have the appropriate insurance coverage for your registration category/class. The Building Practitioners Board (BPB) requires evidence you have an active comprehensive insurance policy before it will grant your application for registration or registration renewal.
At Adroit, we offer a range of specialist insurance options for those in the construction industry tailored to you as well as the individual needs of your particular business. Our specialised team of brokers will simplify and demystify the options available, and work with you to create the perfect blend of coverage based on your needs and budget.
Successful businesses are built on successful relationships, and that’s why we aim to always be approachable and responsive – as your business grows and evolves, we’re with you every step of the way. We know that builder’s businesses don’t always operate during regular business hours, so we are available around the clock.
Get in touch today!
Do you think it would be simple to walk into someone else’s office, warehouse or factory and make that business run smoothly? If you had to swap with the business next door, suddenly, without making any of your own adjustments to layout – how successful do you think that would be?
If you think that would be a total disaster, you’re probably right. Every business is unique – each one has its own story, its own way of doing things, its own unique group of customers.
No two businesses are alike, even within the same industry. Across multiple differing industries these differences become even more apparent – a large business in the construction industry, for example, faces very different risks to a small hairdressing business or pet parlor at a local shopping centre. So why should they all share the same level of insurance cover? Every business has its own unique set of risks as part of its corresponding industry and individual needs.
One of the main advantages of selecting an industry-specific insurance policy over a more generalised product is that your insurance broker will provide advice on the things you might never have even considered. This involves a comprehensive understanding of your industry, developing personal relationships and delving to discover exactly what risks your business is exposed to, then protecting you from those risks with a comprehensive, bespoke insurance solution at the best possible price. Insurance experts are adept at recognising risks, and they have the experience of working with all kinds of businesses and seeing where others have gotten into trouble – what is an unexpected event for you is something they have probably seen before – and already have a plan in place to address.
Tailored insurance policies for businesses are available to a number of different industries including:
– Agriculture and Viticulture
– Professional Services
Within your corresponding industry we will design an insurance solution that’s specifically tailored to you and your individual business needs, allowing you to rest easy knowing that your business is protected from any unexpected and unforeseen occurrences.
A friendly chat with one of our brokers is all it takes to get the ball rolling – make the call today and give yourself the gift of peace of mind with comprehensive cover specific to your needs.
Dr Tickell is looking forward to the run and the future redevelopment.
Dr David Tickell is gearing up to take part in the upcoming Run Ballarat event. But he’s not just another runner, he’s the Head of Paediatrics at the Ballarat Base Hospital – where funding from the event is set to drive the redevelopment of the children’s ward.
A strong Victoria needs strong regions. The core of our business lies in regional Victoria, so we’re heavily invested in the whole of the state, far beyond the urban centre of Melbourne. At the end of the day, regional success translates into success and prosperity for all Victorians.
As we said in our last blog post, business interruption insurance provides much needed peace of mind for business owners facing unforeseeable roadblocks.
We absolutely recommend taking up interruption cover for your business and when you do, here are 4 things to consider with your broker to get the best possible cover.