Construction All Risks Insurance
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Author: Paul Reed, QC
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Format: Book
Status: Live on Westlaw UK

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Construction All Risks Insurance is a unique practitioner’s reference guide that offers you a comprehensive and contextual analysis of Construction, Engineering and Erection All Risks (CAR) insurance as understood in English Law. It is essential for construction and insurance lawyers as well as contractors, developers and their insurers.

This new title covers the fundamentals of CAR insurance both in relation to project policies and contractors’ annual policies, from its origins to current day practice. It takes you through the many processes and pitfalls surrounding CAR claims and provides insight into CAR insurance law, practice and regulation.

An invaluable reference tool for those interested in this complex area, this book provides you with all the information you need on construction and engineering all risks insurance.

  • Contains detailed practical advice for those dealing with CAR coverage and claims, including coverage disputes and the application of insurance law
  • Divided into 7 parts, taking you through the key aspects of CAR insurance:
    • Part 1 sets out the basics of CAR insurance including the history of the subject area and how it has developed to date. It provides readers with the structure of a modern standard CAR policy and an analysis of construction risk
    • Part 2 explains the need for insurance and standard insurance requirements in construction and engineering contracts and explains formation and placing of CAR insurance
    • Part 3 provides detailed discussion of the interpretation of CAR policies, giving practical advice on the drafting of various clauses and explains the relevant law in relation to rectification, fortuity, loss and damage
    • Part 4 discusses the wide range of exclusions that can apply to CAR policies and their significance, including defect s and other standard exclusions
    • Part 5 deals with extensions to cover including Advance Loss of Profits and Public Liability
    • Part 6 explains the claims procedure itself. This section provides readers with a detailed breakdown of the processes and potential problem areas which often face practitioners once a claim has been made against a CAR policy and provides a comprehensive discussion of the difficult areas of causation and co-insurance
    • Part 7 explains other types of All Risks insurance including marine, property and aviation
  • The book also provides examples of construction contract insuring clauses and provides relevant materials for quick and easy reference

Paul Reed QC

Paul Reed QC is a leading construction and insurance barrister. He is an experienced advocate both in court and international arbitration in relation to construction and engineering disputes (including energy, natural resources and infrastructure) relating to design and construction, defects, delay in start up or loss of production.

Paul is regularly instructed in substantial, complex and high-profile construction, engineering, insurance and commercial disputes, often raising multi-jurisdictional issues. He has particular expertise in matters relating to international construction, insurance and reinsurance disputes.

Paul is known as an approachable and client focused Silk, a team player who gives clear and consistent advice. He is also an experienced international arbitrator and a post graduate tutor and occasional lecturer in construction law and arbitration.