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ARTICLE · 11 JULY 2019

Building certifier insurance crisis – current status and responses

Queensland is introducing regulations for time-limited cladding-related exclusions for private building certifiers.

AustraliaReal Estate and Construction

WHO SHOULD READ THIS

  • Building industry professionals including builders, contractors, certifiers and developers

THINGS YOU NEED TO KNOW

  • In response to insurers ceasing to offer insurance coverage to building certifiers for cladding-related claims, the Queensland Government and NSW Government will be temporarily allowing building certifiers to practice with professional indemnity insurance that excludes cladding-related claims.

WHAT YOU NEED TO DO

  • The solution offered by the Queensland Government and NSW Government is only a time-limited solution, and building industry professionals will need to remain informed as to developments in relation to this insurance crisis.

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