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Principal Controlled Contract Works Insurance

Securing your vision, protecting your investment
In the dynamic world of construction, managing risk is paramount. At Clarity Insurance Brokers, we understand that every project, from a significant renovation to a multi-billion-dollar development, presents unique challenges and exposures.

While traditional insurance models often place the burden of coverage on individual contractors, a Principal Controlled Contract Works (PCW) Insurance Program offers a superior, more secure, and often more cost-effective solution for project owners (Principals).
BENEFITS OF PCW Insurance
  • Overcomes Uncertainty & Eliminates Gaps
  • Protection Against Contractor Insolvency
  • Enhanced Control & Simplified Claims
  • ... and many more

What is Principal Controlled Contract Works (PCW) Insurance?

A Principal Controlled Contract Works (PCW) Insurance Program is an arrangement where the project owner (the Principal) takes direct control and purchases the primary insurance policies for a construction project (Contract Works - material damage to the project itself).

This approach ensures that the insurance coverage is specifically designed to suit the Principal's needs and interests, providing a tailored program that covers exposures throughout the entire project life cycle.
Squirrel’s unique lending facility is designed to help get your project going with fewer fees, less paperwork and less fuss.

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Level 9, 4 Williamson Avenue
Ponsonby, AKLD, 1021
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Clarity Insurance Brokers is an Authorised Body of Insurance Advisernet New Zealand
Ltd, FAP No. FSP26221 Authorised Body No (FSP1001710)
© 2026 Clarity Insurance Brokers – Specialists in Group Insurance Schemes
Miguel

Miguel Bermudez

Commercial Broker Support
With four years in insurance support—including three years specialized in commercial insurance Miguel brings the hands-on capability to manage complex client requirements and detailed documentation with confidence.

A dependable team player, Miguel takes pride in sharpening internal processes, handling complex admin with speed and precision. By balancing high attention to detail with real efficiency, Miguel ensures that clients experience a process that feels simple, clear, and effortless from start to finish.

Outside the office, Miguel stays active by playing competitive volleyball. He also enjoys spending time outdoors, and getting immersed in new food and cultures when traveling overseas.