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Construction All Risks Insurance 2nd Edition

Construction All Risks Insurance 2nd Edition

Author: Paul Reed
Publisher: Sweet & Maxwell U.K.
ISBN: 9780414056534

Previous Edition ISBN: 9780414024328
Published In: November 2016
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

Details

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.

Main Features:-

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

Introduction

The allocation of risk in construction contracts

Common features of contractor’s all risk policies

The placing and formation of the contract

Misrepresentation, fraud and the duty of utmost good faith

Interim insurance

The insured

Insured property

Fortuity

The indemnity

Warranties and other types of insurance terms

Principles of construction and rectification