Brexit and Grenfell have and are taking their toll on Property Investment and development. There has been a “flight to quality” and a risk free investment as possible. As a result we have seen increased demand for “Latent Defects Cover “ as an essential requirement. Aimed at land developers, land owners, entrepreneurs, property, real estate and construction professionals this seminar will explore from an Insurer and Legal point of view :
• How LDI policies work alongside traditional warranties and PI Policies
• What risks do they actually cover – design, bad workmanship / ground conditions / contamination ?
• Apart from rebuild costs other potential add ons policies – alternative accommodation / increased admin / security other costs
• Who are the providers
• When in the Planning / building process should they be put in place
Discuss
• The need for independent inspection
• Whether cost of these one of policies can be off set from Professional Contractor fees / subrogation rights
• Need to scrutinise wording / one size doesn’t fit all
• War stories
Speakers
Alex Smith - Partner at Shakespeare Martineau
David Moss - Head of Construction at Berkeley Insurance Group
Brian Mullin – Partner at Marrons Planning