An Introduction To Contractors All Risks Insurance

Taken from a series of insurance books, this work looks at contracter's all risk insurance. It covers a variety of the aspects of this subject, such as the form of subcontract designed for use with the ICE general conditions of contract.

A practitioner's reference guide that offers you a comprehensive and contextual analysis of construction, engineering and erection all risks (CAR) insurance as understood in English law.

The intersection between construction and insurance is an often overlooked, but essential consideration. This important resource is a perfect practice handbook for construction lawyers, written by practitioners with considerable expertise in both construction and insurance. This practical book provides overviews of individual construction insurance topic areas in each chapter, chosen because of their relevance to construction lawyers.

Filled with practical advice for all aspects of the construction manager's role, this invaluable book fills a need for training in this essential subject, to ensure greater efficiency on site and smoother client-contractor relations. Developed as a handy-reference guide for practitioners and also useful for students, it covers the broad range of responsibilities associated with the role, providing clear guidance and in-depth coverage of the essentials. Topics include financial responsibilities and how to handle them, tender preparation, people management, health and safety, contracts, subcontracting, measurement and quantities, insurance and risk and many more simple and effective methods for turning construction projects into reality.

The new 3rd edition of Nael Bunni’s Risk and Insurance in Construction, now co-authored with Lydia Bunni, explains the need for insurance in construction and engineering projects and why it must be incorporated into the Conditions of Contract for such projects. It is unique in bringing together the background of the two topics of 'risk' and 'construction insurance', explaining the flow and the interaction between them and then dealing with how they have been used to formulate the 2017 FIDIC Suite of Contracts and the 2021 Green Book. This edition has been fully updated, and new chapters deal with the latest definitions of 'risk' outlined in ISO 31000: 2009, and specifically explains the principles embodied in the new Clauses 17, 18 and 19 of the Major Suite of the FIDIC forms of contract and how they should be used. An important chapter (Chapter 5) is included, discussing the logical transition from decision-making to risk identification to responsibility for those allocated with particular risks, to the potential liability that results. This includes discussing particular liabilities that may arise for parties typically involved in construction and engineering projects, including developers, owners, contractors and designers. This part of the book links insurance to the law and explains the interaction between the two topics. The correlation between liability and the need for indemnity, which can only be provided properly through insurance, is highlighted. The book is essential reading for practitioners from both the engineering profession and the insurance industry in all types of projects. Engineers who are required to use one of the Major Forms of the FIDIC Suite of Contracts, whether they are designers or contractors, and those involved in the insurance sector, whether brokers, claim consultants or insurance company personnel, will find this book to be an indispensable reference.