This website is a specialist contract works insurance resource created and maintained by Tank Insurance Pty Ltd, a commercial insurance brokerage based in Sydney, Australia. It exists for one reason: to provide builders, contractors and owner-builders with genuinely useful, expert information about contract works insurance — and to make it easy to get properly covered.
After years of speaking with builders and contractors about their insurance, one thing became clear: most people do not fully understand what their contract works insurance covers, what it excludes, or whether their policy is appropriate for their business. The information available online is often vague, overly promotional, or written by people who have never actually placed a construction insurance policy.
We created this dedicated site to bridge that gap. Every page is written from the perspective of a broker who has sat across the table from builders, reviewed their contracts, assessed their risks, and placed their policies. The content reflects real questions we are asked, real scenarios we have encountered, and genuine advice we give to our clients.
Our goal is simple: if you read the content on this site, you should understand contract works insurance well enough to have an informed conversation with any broker or insurer — and to make confident decisions about your cover.
Marel Pencev is the insurance broker behind this site and the principal of Tank Insurance. Based in Sydney, Marel works with builders, contractors, subcontractors and owner-builders across Australia to arrange tailored contract works insurance and other commercial insurance products.
Marel's approach is straightforward: understand the client's actual risks, find the right policy wording (not just the cheapest premium), and be available when things go wrong. Insurance is only as good as what happens at claims time, and having a broker who understands construction means having someone who can effectively advocate on your behalf when you need it most.
Tank Insurance Pty Ltd (ABN 81 648 984 095) is a commercial insurance brokerage providing insurance advice and placement services to businesses across Australia. As a Corporate Authorised Representative of Insurance Advisernet Australia Pty Ltd (ABN 15 003 886 687, AFSL 240549), Tank Insurance operates under one of Australia's largest authorised representative networks.
This means our clients benefit from:
If you would like to discuss your contract works insurance needs or request a quote, we are easy to reach:
We service clients across all Australian states and territories. All insurance is arranged remotely via phone, email and video — there is no need to visit our Sydney office.
This website is a specialist resource by Tank Insurance Pty Ltd, a Sydney-based insurance brokerage. It is managed by Marel Pencev, an insurance broker who works with builders, contractors and owner-builders across Australia.
Yes. Tank Insurance Pty Ltd (ABN 81 648 984 095) is a Corporate Authorised Representative of Insurance Advisernet Australia Pty Ltd (ABN 15 003 886 687, AFSL 240549).
No. While this site focuses on contract works insurance, Tank Insurance provides a full range of commercial insurance services including public liability, professional indemnity, business insurance, motor vehicle and management liability. Visit tankinsurance.com.au for our full service offering.
Yes. While physically based in Sydney, we arrange insurance for clients across all states and territories. Everything is handled remotely — phone, email and video call.
We created this site because contract works insurance deserves thorough, expert treatment. Most online information is vague or promotional. We wanted to provide genuinely useful content that helps builders understand their insurance and make informed decisions. Read our comprehensive guide or browse the full FAQ.