Last week, a survey on professional indemnity insurance was circulated to subscribers of the ACIF e-news.  One of our priorities this year is to: “Address the issue of professional indemnity insurance for professions in the construction industry.”  To this end, we created a survey to help us understand the scope and nature of the issue, and assist with advocacy efforts.  This survey can be completed here. All feedback is confidential, and respondents are not asked for any identifying information.

With many governments reviewing procurement policies and alongside the building reforms underway at different timeframes around the country, the report from this survey will help to take conversations from relying upon anecdote, individual stories and third party accounts to a more objective quantifiable evidence-based understanding of the issues at hand. Such evidence provides much greater veracity for any discussions of an advocacy nature in respect of regulation, and practices in both the construction and insurance markets.  Most questions only involve closed-ended or short text responses. We estimate it will take between 20 minutes to complete both parts. The survey will be open until Sunday this week.

It is interesting to note that Queensland Public Works Minister Mick de Brenni has announced an inquiry into the Queensland Building and Construction Commission.  I’d be interested to hear your thoughts on the QBCC, and feel free to send me any comments via info@acif.com.au

Finally, as mentioned before, the November 2021 ACIF Forecasts released earlier in the month can be purchased here. They are a valuable planning resource for businesses large and small, and a great deal of work goes into them for the benefit of the industry.

Best wishes and stay safe,

Dr James Cameron

ACIF Executive Director

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