Construction
The construction industry consists of a large number of trades working in often difficult situations, using many different types of plant. Work is normally carried out on third party premises and casual labour is frequently used, with the result that compliance with health and safety legislation is often sporadic.
The sector is made up of firms of all sizes, from the self-employed contractor to multi-national public limited companies. Generalisations are difficult in view of the diversity of work undertaken, however in the main the medium and large firms tend to provide a complete service, whereas the smaller firms tend to specialise by function such as joinery, plumbing, etc.
Targeted Businesses
Norwich Union's Construction policy is aimed at the following business types:
- Established family owned businesses
- Traditional house builders and allied trades
- Firms where the payment to Bona fide sub contractors are no more than 50% of Turnover
- Proven good claims record
- Positive attitude to risk management
- Contract Works cover insured in addition to liabilities
