Technically Speaking

Defects Liability

There are usually two types of cover available under the material damage section of the Contract Works policy. The first covers any material damage during the construction period. However, once the construction period ceases, many construction contracts enter into the...

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Efficient Use of Service Providers in Liability Claims

The general insurance industry has been under increasing pressure to deliver positive returns to company shareholders. In an environment where revenue growth is nominal and investment yield limited, insurers are making concerted efforts by insurers to reduce costs....

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Film Insurance

The Wikipedia definition of Insurance reads as follows: Insurance is the equitable transfer of the risk of a loss, from one entity to another in exchange for payment. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain...

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Informal Settlement Conferences

As well as undertaking factual investigations of liability matters, loss adjusters can engage in investigating a claim and running a claim to a resolution whether that be a claim settlement with a third party or denying liability to a third party. As part of this...

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Who is Insured – and Why?

Unlike most other policies, the Contract Works Policy insures a number of parties. The purpose of this is because there are a number of parties involved in any one construction Project that are required to successfully complete that Project. The Parties involved...

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Loss Adjusting 101 from the Trainee Adjuster

In this article we’ve decided to move slightly away from the title ‘Technically Speaking’ to ‘Trainee Adjuster Speaking’! The aim of this piece is to provide readers with an overview of my educational/professional background and how I ended up becoming a Loss...

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Goods and Services Tax

The treatment of GST on claims is often a source of confusion for Insureds and Claimants.  Whilst it is not the responsibility of claims practitioners to provide “tax advice”, it is often necessary to point out where GST has been incorrectly applied in claims...

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Contractual Dispute Resolution Clauses

There are a number of good reasons to include a dispute resolution clause in a contract.  Conflict is often an unforeseen and messy business.  If and when it occurs, a clearly drafted dispute resolution clause will be a welcome point of reference to work through the...

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Real or Not? You Be The Judge.

We were recently appointed by a national insurer to check on a premises in the western suburbs of Sydney, where the Claimant alleged that the activities of New Years Eve, in particular fire works, caused irreparable damage to the building air conditioning system...

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