Resilience Insurance

Resilience Insurance is the first Australian company, sole provider, of Latent Defects Insurance (LDI). Resilience Insurance is committed to working with developers, builders, government, and property owners to understand their needs and develop and deploy appropriate, innovative, and internationally acclaimed insurance products. Expected to be mandatory in NSW by 2028, LDI is a specialised insurance that safeguards residential buildings and their residents for 10 years post-completion for significant structural defects that may occur, including waterproofing, design, materials, or workmanship in the building's structural elements. The product is only offered to builders and developers committed to supporting building reform across Australia who adhere to best practice standards.

Milsons Point, New South Wales, Australia11-50 employeesFounded 2021

Overview

Resilience Insurance specializes in providing Latent Defects Insurance, marking its position as Australia's first insurance entity in this domain. The company focuses on delivering insurance products that address the specific needs of developers and builders prior to the commencement of construction projects. With a commitment to innovation in the insurance industry, Resilience Insurance aims to support the construction sector by offering coverage that extends for the longest period for latent defects in Australia. This initiative not only enhances the protection against unforeseen structural issues but also contributes to the growing awareness and importance of such insurance solutions in the construction industry.

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