The decision to expand capacity responds to the growing demand for higher coverage limits in the domestic construction market. By increasing its capacity, MECON aims to offer more flexibility in how brokers structure placements and to better support the evolving needs of the construction sector.
Maintaining its existing policy wording with amendments to reflect a revised insurer panel, MECON continues to provide comprehensive coverage tailored to the construction industry's unique requirements. This move underscores MECON's commitment to supporting the growth and resilience of Australia's construction sector by offering enhanced insurance solutions that align with the scale and complexity of modern construction projects.
Please Note: If this information affects you or is relevant to your circumstances, seek advice from a licensed professional.
