INSURANCE BROKING
Specialist Broking,
Built Around Your Project.
Cruden Read works directly with contractors, developers and trades across construction, engineering and mining.
We review the contract, identify where the risk actually sits, then place cover on manuscript wordings written for construction rather than adapted from generic insurance products.
You keep building.
$40M+ in premiums placed annually
Australian + London insurance markets
100% focused on construction, engineering + mining
Backed by ASX 200 AUB Group
90+ years’ collective experience
What We Cover
Your cover will be built around our manuscript wordings developed with our partner markets, in line with those used on the largest projects and by major contractors. They offer the broadest scope of cover available in the Australian market, with each wording adapted to your risk rather than issued off the shelf.
Contract Works Insurance
Construction Liability
Delay in Start Up
Professional Indemnity
Plant and Equipment
Latent Defects Insurance
Environmental Liability
The Work That Sits Around the Policy
Placement is one part of the engagement. Much of the value sits either side of it: what your contract obliges you to carry, what cover your subcontractors actually hold, and how your business is presented to underwriters.
Contract reviews at tender stage.
We comment on the insurance and indemnity provisions, then update them as terms are negotiated.
Subcontractor and consultancy agreements.
We review how risk is passed down the chain and recommend changes that protect you.
Subcontractor insurance compliance.
Non-compliance tends to surface at claim time, when the head contractor is left carrying it.
Submissions built for closer scrutiny.
Insurers want a deeper view of your business, so we prepare the detail and present it with you.
Insurable gap analysis.
We work through your risks to find exposures you carry without cover, or did not know were insurable.
Presentations to your project staff.
Your team sees how the programme works and how it interacts with indemnities upstream and downstream.
Direct relationships with your insurers.
We facilitate face to face contact with your main markets, which pays off at renewal and when a claim needs to be made.
Four Reasons Contractors Choose Cruden Read
Construction risk is all we do.
Every placement, contract review and claim we handle sits inside construction, engineering and mining.
Cover built on our wordings.
We place only with markets that accept our manuscript wordings, and only with insurers rated S&P A or better.
Senior specialists at every stage.
Placement, contract review, day to day service and claims are handled by people who have done all of it before.
Contracts read before cover is placed.
Insurance obligations, indemnities and risk allocation get assessed while there is still room to negotiate them.
The People Who Answer
Cruden Read was founded in 2018 by Jeremy Read and Leigh Cruden. Drawing on their experience with major international brokerages and some of Australia’s largest and most complex construction accounts, they saw an opportunity to do things differently.
Today, Cruden Read brings together a team of experienced construction insurance specialists, combining deep expertise in construction risk and risk transfer to provide you with direct access to senior staff and exceptional client care.
From the Clients and Brokers We Serve
Insurance Problems Surface at Claim Time, Not Purchase Time
Your cover is tested at claim time, when the wording and obligations are put under scrutiny. Bring us in before a renewal or project goes to market, while your wording can still change and be tailored specifically to you.
