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Latent Defects Insurance: The Quiet Protector of Tomorrow’s Assets

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Learning: Unstructured

In a fast-moving construction market, hidden risks are universal. Savvy builders now use Latent Defects Insurance (LDI) to stay ahead. This discussion explores why LDI is gaining traction by filling post-completion gaps, streamlining asset sales, and improving lending terms. Experts from Price Forbes, Ryan Specialty, and SDV explain how LDI covers invisible faults and speeds up project recovery. Learn why this first-party coverage could replace traditional litigation in the U.S. and revolutionise your risk strategy. 

Speakers: 

  • Jack Richards, Director, Price Forbes
  • Anna Perry, Insurance Coverage Attorney Representing Policyholders, SDV Law
  • Peter Wallace, Principal Underwriter, Ryan Specialty Underwriting Managers

Chapters

  • 00:55 Understanding Latent Defects Insurance and Market Context
  • 06:25 How LDI Complements Existing Insurance Policies
  • 10:45 Target Projects and Ideal Applications for LDI
  • 20:32 New Building Techniques and Material Considerations
  • 33:28 Impact on Financing and Lending