We must explain to you how all seds this mistakens idea off denouncing pleasures and praising pain was born and I will give you a completed accounts off the system and expound.
Complex commercial projects require specialised insurance expertise. iBuild Insurance helps high-value commercial builders secure better coverage at lower premiums.
Commercial builders face unique challenges with insurance that can significantly impact profitability:
Many commercial builders use declaration-based policies because they seem convenient, but are unknowingly paying thousands in unnecessary premiums that directly impact their bottom line.
Off-the-shelf policies aren't structured for the complexities of commercial construction projects, leaving dangerous gaps in coverage that can lead to catastrophic financial losses.
Inadequate contract works coverage that doesn't align with your project timelines and contractual requirements can leave you exposed to costly delays and contractual breaches.
Our specialised approach for commercial builders ensures comprehensive coverage while minimising premium costs through deep industry expertise.
We conduct a comprehensive assessment of your specific commercial projects, including contract values, construction methods, and project timelines to identify your unique risk profile.
We create detailed risk profiles that accurately represent your business to underwriters, ensuring they understand the true nature of your operations and can price accordingly.
We leverage our industry relationships and technical knowledge to structure your policy for maximum coverage at minimum cost, often using annual policies with premium funding rather than costly declaration-based approaches.
We provide continuous support for contract review and compliance requirements, ensuring your insurance program evolves with your business and maintains alignment with your contractual obligations.
A large-scale commercial builder was using a declaration policy for years, believing it provided advantages. We demonstrated how an annual policy with premium funding would work better for their business model.
A commercial builder with $8M turnover received a detailed risk profile document that accurately represented their business to insurers, highlighting their quality control processes and project management expertise.
"Having reliable professional indemnity insurance is crucial, and Steve Krogh from iBuild Insurance is outstanding! His comprehensive understanding of the real estate space, paired with his insurance expertise, ensures that we are perfectly covered. Steve’s tailored advice and exceptional service make all the difference. Highly recommend his professionalism and dedication! Thanks, Steve! "
Complete this form to receive your personalised assessment from a commercial construction specialist.
No obligation consultation with a commercial construction insurance specialist.
Have any Question? Ask us anything, we’d love to answer!
iBuild Insurance Group Pty Ltd The Trustee for iBuild Insurance T/As iBuild Insurance
ABN 32 546 778 286 | ACN 652 794 940 | CAR 1293780.
Authorised representative of Community Broker Network Pty Ltd AFSL 233750 ACN 096 916 184.