Integrations

The Technical Inspection Service (TIS) program is revolutionizing the construction industry by providing independent, third-party oversight to ensure high-quality, defect-free buildings. This rigorous program includes design risk assessments, regular site inspections, and final quality assurance reviews, helping developers meet the stringent requirements for Resilience Latent Defects Insurance (LDI). By identifying and rectifying potential structural issues early, the TIS program boosts market confidence, enhances industry accountability, and sets a new benchmark for quality assurance in off-the-plan apartment developments.

DCN Group is pioneering quality assurance in Bankstown by introducing Resilience Insurance’s Latent Defects Insurance (LDI) for its latest project, The Hoskins. As the first developer in the area to adopt LDI, DCN is setting a new standard for buyer protection with a 10-year structural warranty. This move enhances market confidence, ensuring rigorous oversight and transparency in construction. By embracing LDI, DCN strengthens its commitment to excellence, reinforcing trust in off-the-plan property investments.

Resilience Latent Defects Insurance (LDI) offers a robust 10-year warranty against hidden structural and waterproofing defects in new buildings, providing comprehensive protection that traditional policies like strata, construction, and professional indemnity insurance do not cover. By directly safeguarding property owners without the need to establish fault, Resilience LDI ensures swift resolution of issues, setting a new standard in construction and property insurance.

In 2004, a section of Terminal 2E at Paris's Charles de Gaulle Airport collapsed, resulting in four fatalities and several injuries. Investigations attributed the disaster to design flaws and construction defects. The reconstruction, completed in 2008 at a cost of €150 million (AUD 250 million), was fully covered by Decennial Liability Insurance (DLI), also known as Latent Defects Insurance (LDI). This incident underscores the critical role of LDI in mitigating financial risks associated with structural failures.

Princeton's Marque Rockdale development offers purchasers a 10-year Latent Defects Insurance (LDI) policy from Resilience Insurance, providing comprehensive coverage against structural and waterproofing defects. This initiative not only safeguards buyers but also underscores Princeton's commitment to quality and transparency in the property market.

Latent Defects Insurance (LDI) is transforming Australia’s property market by providing a 10-year warranty against structural defects in new developments. Already a standard in countries like the UK and Canada, LDI is gaining traction locally, enhancing buyer confidence and holding developers accountable for quality construction. With rigorous oversight and independent inspections, LDI ensures long-term protection for homeowners while setting a new benchmark for industry transparency and reliability. As awareness grows, LDI is poised to become an essential safeguard in the Australian real estate landscape.

Third.i Group is revolutionizing Newcastle’s property market by introducing Resilience Insurance’s 10-year Latent Defects Insurance (LDI) at Dairy Farmers Towers. This initiative ensures off-the-plan buyers are protected against structural defects post-completion, enhancing buyer confidence and industry transparency. Co-Founder Luke Berry highlights LDI as a testament to Third.i’s commitment to quality and long-term security for homeowners. By setting rigorous construction standards and independent oversight, Third.i is leading the way in fostering trust and accountability in the off-the-plan apartment market.

Latent Defects Insurance (LDI) is revolutionising the off-the-plan property market by offering buyers a 10-year warranty against structural and waterproofing defects. This first-resort, strict liability coverage ensures that buyers can claim directly with the insurer without proving fault, streamlining the resolution process. LDI also enhances construction quality through rigorous inspections before issuance, boosting buyer confidence and property values. As more developers adopt this safeguard, the real estate industry moves toward greater accountability, making off-the-plan investments more secure and attractive.**

Urban Property Group (UPG) is enhancing buyer confidence by implementing a 10-year Latent Defects Insurance (LDI) policy from Resilience Insurance for its latest development, The Waterfront at Central Coast Quarter in Gosford. This warranty protects purchasers against structural defects post-completion, reinforcing UPG’s commitment to quality and transparency. The LDI policy includes rigorous oversight, with independent inspections ensuring high construction standards. As one of the first developers in Sydney to adopt LDI, UPG is setting a new industry benchmark, boosting market confidence, and offering stronger protections for off-the-plan buyers.