Construction projects are subject to a wide variety of risks. Parties to construction projects typically insure themselves against such risks by procuring different categories of insurance cover. However, the scope of such cover is invariably limited through the use of policy exclusions and other forms of policy wording. This frequently gives rise to coverage disputes between policyholders and insurers.

In the first episode of this webinar series, we will sift through the commonly misaligned expectations between policyholders and their partners, with focus on Construction All Risks ("CAR") insurance. Being the central form of insurance for construction projects, this session will define the capabilities and limitations of the three key categories of cover under a CAR insurance policy, namely (i) material damage cover, (ii) third party liability cover, and (iii) delay in start-up ("DSU") cover.