3:00pm BST | 10:00am EST
The Latent Defects Insurance Masterclass
How LDI can save construction companies significant time and money when managing post‑completion defects.
In the United States, most construction project insurance either expires at completion or only responds when fault or liability is proven. As a result, when structural defects emerge after completion, companies often face lengthy, expensive legal processes just to secure financial recovery.
Latent Defects Insurance (LDI) changes this entirely. As a first‑party solution, LDI pays out without requiring proof of negligence, fault, or liability.
LDI fills a major gap in the current U.S. construction insurance market by delivering fast, direct financial support to repair or remediate latent structural defects, without the need for legal battles traditionally associated with post‑completion claims.
In this Masterclass we examine Latent Defects Insurance and ask:
• What problems does it solve?
• How does it work?
• How does it complement existing covers?
• How is it priced?
• How much time and money it can it save a client?
• Where has it developed and what’s the track record?
Featuring:
Jack Richards, Director, Price Forbes
Anna Perry, Insurance Coverage Attorney Representing Policyholders, SDV Law
Peter Wallace, President, Ryan Specialty Latent Defects
