NSW changes Act to exclude Cladding from Professional Indemnity Contracts

The “Building Professionals Amendment (Insurance) Regulation 2019” Introduced 28.6.2019

14A Exclusion for accredited certifiers
(1) A professional indemnity contract may provide that the indemnity
provided by the contract does not apply to any claim made against the
insured in relation to:
(a) cladding that does not comply with the requirements of the
Building Code of Australia, an Australian Standard or an Act or
other law of the Commonwealth, this State or any other State or
Territory to the extent that it applies to cladding, or
(b) cladding that is used, installed or applied to a building in a
manner that does not comply with the requirements of the
Building Code of Australia, an Australian Standard or an Act or
other law of the Commonwealth, this State or any other State or
Territory to the extent that it applies to the use, installation or
application of cladding.
(2) This clause applies only in respect of a professional indemnity contract
providing indemnity for a period, not exceeding 12 months,
commencing on or before 30 June 2020.
(3) In this clause:
Australian Standard means a standard published by Standards
Australia.
cladding means cladding or a cladding system (including, but not
limited to, the panels, lining, attachment or finishes of any cladding or
cladding system), whether or not insulated or made of composite
materials, that is applied to any of a buildingā€™s external walls or to
another external area of a building.

Links: NSW_Building_Insurance_Regulations_1562047653.pdf
https://legislation.nsw.gov.au/