Industrial

The design and production of industrial solutions requires significant skill & expertise. Not only do you need to be an expert in your field, but also ensure the project is managed in what can be sometimes onerous specifications.

Projects can create risk - design error, unsuitable for purpose, damage to high end infrastructure and injury to name a few.

Typically, industrial services are structured upon various contracts that underpin the delivery of the service. Contract terms can be onerous, and include terms that:

• include indemnity provisions that extend your ordinary obligations
  
  
• remove or severely limit your rights of recovery
  
  
• include warranties and representations that extend your ordinary obligations
  
  
• include insurance provisions which can leave you exposed to breach of contract
  
  
• make you more responsible for the actions of your sub-contractors
  
  
• expose you to liquidated damages

Whilst there is a commercial reality to these contracts, some terms do pose serious risk. This is compounded by insurance that typically struggles to incorporate some even less onerous contract terms.

A unique approach.

We offer the industrial sector a unique approach to insurance broking and risk management.

Working with our legal services company, indemnitylegal, we deliver bundled insurance broking and legal risk management services. Not only do we ensure your insurable risks are identified, and cost effectively insured, but indemnitylegal can also work with you, managing your contractual risk, and providing claims management.

Claims Management

In today's environment, there is increased use of alternative labour structures such as contractors and labour hire personnel. This brings with it some up front benefits.

These benefits can be eroded by indirect costs associated with workers compensation recovery actions by Workcover authorities, contractor/labour hire personnel civil liability actions, and the affect upon your Public Liability insurance costs.

Insurers may require high levels of excess or self insured retention. However, this does raise the issue of how claims that fall below the excess or within the self insured retention are managed.

Poor management can lead to the claim becoming litigated and increasing the size of the claim. And some insurers require the use of high end service providers with cost structures that quickly erode the excess level.

indemnitylegal provide accessible claims management services for public liability claims.

Industrial Products & Services

• Industrial Special Risks
• Public & Products Liability
• Product Recall
• Contract Works - Annual or Project Specific
• Professional Indemnity Insurance - including design & construct
• Marine Transit
• Business Interruption
• Directors & Officers Liability - including Public Companies
• Statutory Liability
• Employment Practices Liability
• Workers Compensation
• Contractual Risk Management
• Claims Management