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Construction All Risks Insurance
Construction All Risks Insurance
2nd Edition
ISBN:  9780414057081
Published by:  Sweet & Maxwell
Author:Paul Reed
Publication Date:  20 Dec 2016
Format:  Hardback, eBook - ProView
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PRODUCT DESCRIPTION

The second edition of Construction All Risks Insurance will be essential reading for both lawyers and insurance brokers in the field of construction insurance. Building on its reputation as the definitive reference for practitioners, and updated with respect to the Insurance Act of 2015, Construction All Risks is the go-to guide looking for answers in construction insurance.

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  • Covers the fundamentals of Construction All Risks Insurance from its origins to current day practice, going through the processes and pitfalls involved in CAR claims
  • Contains comprehensive practical advice for those dealing with CAR insurance claims, with coverage of disputes and the application of insurance law to commercial insurances
  • Explains the need for insurance and highlights particular areas for concern such as Institute Cargo Clauses and Aviation
  • Examines the structure of CAR policies, giving practical advice on the drafting and construction of various clauses
  • Discusses the wide range of exclusions that can apply to CAR policies and their significance, including defect and standard exclusions
  • Takes into account the difficult areas of causation and co-insurance
  • Includes example policy clauses and precedent materials
  • Includes updates on how the Insurance Act 2015 will affect those working in the area
  • Includes guidance on the claims procedure as well as marine, aviation and property risk
  • Addresses issues of special concern in CAR, such as the wide range of exclusions, including standard defects exclusions, that can apply to CAR policies, extensions to cover, and co-insurance, alongside general issues such as the construction and rectification of policies, fortuity, causation, the measure of indemnity, warranties, and loss and damage
  • Contains comprehensive practical advice for those dealing with CAR insurance claims, from handling coverage disputes, to claims procedure, proof and payment
  • Explains the need for insurance and highlights particular areas for concern, such as marine construction, aviation and property.

New to this edition

  • Examines in detail the Insurance Act 2015 with an entirely new chapter on the Insurance Act 2015 which considers both Australian and New Zealand law
  • Discusses in detail the Wellington Syndicate 2020’s Offshore Construction
  • Project Policy which will be invaluable to those who need to understand the special risks involved in undertaking marine construction and the specialised nature of CAR insurance available for this type of work.
  • Content completely revised to address the impact of the Insurance Act 2015
  • A reworked and in-depth analysis of LEG exclusion clauses
  • A further developed section on the analysis of WELCAR
  • Precedents fully updated
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