{"id":4680,"date":"2023-01-05T10:28:31","date_gmt":"2023-01-05T03:28:31","guid":{"rendered":"http:\/\/ligaasuransi.com\/?p=4680"},"modified":"2024-08-09T12:21:30","modified_gmt":"2024-08-09T05:21:30","slug":"mengapa-broker-asuransi-penting-masuk-dalam-tim-konsultan-konstruksi","status":"publish","type":"post","link":"http:\/\/ligaasuransi.com\/en\/mengapa-broker-asuransi-penting-masuk-dalam-tim-konsultan-konstruksi\/","title":{"rendered":"Why is Insurance Broker essential in Construction Consultant Team?"},"content":{"rendered":"

Liga Asuransi<\/a> – Dear readers, how are you? On this occasion, we wish you a happy new year 2023. Hopefully, your business will continue to advance this year.<\/span><\/p>\n

One of our disappointing experiences during 2022 was several rejections of insurance claims for damage and loss suffered by contractors. Unfortunately, these claims were not reimbursed by the insurance company. The amount of the claim was millions of USD dollars.<\/span><\/p>\n

After trying for months to deal directly with the insurer and having not heard back, they finally asked our company if we could help them get the claim paid as they expected.<\/span><\/p>\n

After studying the insurance policy and the correspondence between the insurance company and this client, we understand that the insurance policy imposes explicitly several requirements and exclusions that make a claim not covered by the insurance policy.<\/span><\/p>\n

Technically, the accidents they experienced could be covered by a construction insurance policy or CAR \/ EAR. But unfortunately, this insurance policy excludes it.<\/span><\/p>\n

The client did not realize that there were provisions for the adverse insurance policy.\u00a0<\/span><\/p>\n

It must be admitted that not everyone can understand exactly the coverage and guarantees of an insurance policy. Even though they have been taking care of project insurance for decades, they still need a view from the insurance expert to understand the policy coverage fully.<\/span><\/p>\n

Understanding insurance coverage requires special education, training, and experience in managing insurance policies and settling insurance claims.<\/span><\/p>\n

This is the critical function of an insurance broker company that is also a risk management and insurance consultant for a construction project.<\/span><\/p>\n

Insurance brokers are insurance experts who have passed special education and have an official insurance expert certificate recognized by the Financial Services Authority (OJK)\u00a0<\/span><\/p>\n

Please note that the risk management and insurance issues should have been discussed before the project started and included in the project development proposal.\u00a0<\/span><\/p>\n

The insurance broker is supposed to be included in the Construction Consultant Team, as are architects, quantity surveyors, financing, legal, and others.\u00a0<\/span><\/p>\n

Its function is to provide insight into potential risks that can occur, the type of insurance required, the extent of the guarantee, and provide an estimate of insurance costs for the project.<\/span><\/p>\n

For this article, we want to discuss the importance of the services of an insurance brokerage company being involved before the project starts, and how it works.\u00a0<\/span><\/p>\n

We hope that this article will be useful for you. If you are interested, please share it with your colleagues, so they also understand like you.<\/span><\/p>\n

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Why do you need Project Consultants?<\/b><\/p>\n

When you are about to start a building project, do you have to deal with quantity surveyors, civil engineers, architects, accountants, and the design team, sourcing, <\/span>insurance brokers<\/b>, and purchasing the materials? You would act as full project manager.\u00a0<\/span><\/p>\n

A construction consultant is a professional hired to offer expertise toward a project’s successful and timely completion.\u00a0<\/span><\/p>\n

They are tasked with assessing the building costs and contracts for construction projects. They work with building contractors and site engineers to draw up plans and implement the design on the site.<\/span><\/p>\n

They are advocates for the project manager and ensure that contractors fulfill the conditions outlined in the contract documents. They act as quality assurance and verify the quality of materials and services, including insurance purchased for a project.<\/span><\/p>\n

Construction consultants do not only estimate budgets and spending but then follow on with a complete estimate and cost planning. They can provide property advice and valuations of projects through site visits.<\/span><\/p>\n

Construction consultants often provide general and technical assistance to the project, evaluating environmental issues and potential hazards on the site. They also assist in formulating and respecting contracts between contractors, subcontractors, and clients.<\/span><\/p>\n

Clients hire construction consultants for different reasons. Some want the consultant to help reduce the costs and timeline for completing the project. Others hire them to help streamline the project and ensure best practices on the construction site.<\/span><\/p>\n

Construction consultants are specialists with a wealth of experience and knowledge in different fields. They have a background in construction engineering, construction management, and risk management. Professionals such as architects, designers, site engineers, structural engineers, insurance brokers, and project managers can work as consultants on construction projects.<\/span><\/p>\n

What Do Construction Consultants Do?<\/b><\/p>\n

Companies hire construction consultants to perform duties and responsibilities such as:<\/span><\/p>\n