New regulatory laws impacting building practitioners come into effect from 1 July 2025.
Under the Design and Building Practitioners Act 2020, registered practitioners will be required to hold professional indemnity insurance starting from 1 July 2025. This comes after a 12 month extension to acknowledge challenges in obtaining suitable insurance products for building practitioners.
At FTA, we offer a comprehensive Design & Construct (D&C) Insurance policy designed for builders, with premiums starting from just $2,950. Our experienced underwriters are ready to assist you in navigating these insurance requirements.