Construction Liability

Home/Construction Liability

Contractual Liability

2020-03-04T10:12:21+11:00March 4th, 2020|

Our clients understand, to a greater or lesser degree, the liabilities that may arise for breaching their duty of care in the course of conducting their business and they purchase Public and Products Liability insurance to provide cover for those liabilities. As part of their business, they will also enter into contracts such as leases, bills of sale, service agreements to name but a few. Many of these [...]

UW Announcement

2020-02-18T15:34:05+11:00February 18th, 2020|

Pen Underwriting is excited to announce our annual in-house Underwriting Conference (UW) on the 24th & 25th of February 2020. This year we will be pulling our Underwriting experts from all across Australia to Sydney for a two day intensive conference. We will have the pleasure to welcome multiple industry guest speakers to discuss market overviews, brokers’ perspectives and portfolio management. As well as partaking in group workshops, [...]

Construction Liability

2020-02-11T14:54:34+11:00February 11th, 2020|

Years of premium discounting, coupled with deteriorating results, saw the General Liability market begin to harden during 2019. Insurers are looking to turn those results around with many in the Lloyd’s market significantly reducing their capital exposure in this area. We can expect to see this continue, even strengthen in 2020. One of the sectors coming under particular scrutiny is that of Construction Liability. This is one of [...]