Construction Industry Insurance
Covers the costs and expenses incurred by official investigations or inquiries against your business as a result of innocent breaches of various Acts of Parliament.
PI Design & Construct
Protection against legal costs and expenses arising from acts, omissions or breaches out of or from actual or alleged breach of Professional duty, in connection with the Insured's Professional Business.
Covers third parties from pollution caused by your business’s activities including personal injury and property damage. Coverage can include clean-up to remove hazardous substances and restoring properties to usable condition.
Marine Transit Insurance
Cover for loss or damage to goods, machinery and equipment in transit from overseas or within Australia.
Consequential Loss/Delay in Start-Up
Covers the risk of financial loss incurred past the original scheduled completion date due when the delay is caused by physical loss or damage to the project.
Structural Defects Liability
Provides cover to the licensed commercial builders for their legal accountability in reference to structural defects occurring in a building they have completed.
Construction News & insights
Thu 24 Jun, 2021
Avoiding renovation nightmares: What builders & property owners need to know about uninsured losses
In my role advising commercial and residential builders and construction professionals, I am frequently asked “what insurance do our clients need to have in place?” While my response varies, broadly speaking, property owners who are renovating existing structures will require...
Mon 12 Oct, 2020
Construction in Decline: Insurance Implications for Industry
For the first time since 2017, the global construction industry outlook has shifted into decline in the wake of COVID-19. National construction activity is following a similar trajectory, after a 3% decline in December 2019, and a drop of 0.7%...
Thu 08 Oct, 2020
Honan launches New Extended Mechanical Warranty Policy
Working with Plant & Equipment (P&E) partner, Heavy Machinery Warranty, and underwritten by Lloyds of London, the policy is a new introduction to the Australian market. Unlike alternative P&E warranty options on the market which typically require machinery dealers to...
Mon 16 Mar, 2020
COVID-19: Business Interruption, Contingency and Workplace Risk
On 30 January 2020, the World Health Organisation declared the Coronavirus outbreak a Public Health Emergency of International Concern. We sympathise with everyone who has been impacted by the virus and Honan Insurance Group have implemented additional resources and contingency planning...
Wed 17 Jul, 2019
Bill shocks ahead for construction sector
A senior insurance figure has warned of impending difficulties for businesses operating in the construction sector, saying cover will likely become harder and more costly to obtain. Adam Richardson, construction industry lead at Honan Insurance, says the industry has enjoyed...
Wed 26 Jun, 2019
Changes in legislation needed to fix the NSW construction industry
SYDNEY, AUSTRALIA. Déjà vu? Once again, another Sydney apartment block has been evacuated due to observed structural cracking in the building’s underground car park. Mascot Towers, a 131-unit complex at No. 1 Bourke St Mascot was evacuated last Friday evening...
Mon 09 Nov, 2015
National Insurance Brokers Association (NIBA)
Since 1988 Honan Insurance Group has been a member of the National Insurance Brokers Association (NIBA), an organisation which represents the interests of the insurance broking sector in Australia. NIBA members range from large international brokerages to small suburban brokerages...
What Our Customers Have to Say
Moving our account to the Honan Insurance Group was one of our most prudent business decisions. Honan do what other brokers haven’t been able to in terms of service and claims management and I highly recommend them to any business
Moving our account to the Honan Insurance Group was one of our most prudent business decisions.
Honan do what other brokers haven’t been able to in terms of service and claims management and I highly
recommend them to any business.