We support strata managers and strata committees by completing Building Defects Reports and Risk Engineering Reports. By collecting building defect and risk engineering data in one coordinated visit, our engineers streamline the process, saving you time and cost.
Many underwriters use Building Defects Reports to qualify the quality of strata risks. While Building Defects Reports often highlight a wide range of issues (some beyond the builder’s capacity to address), only a portion of these may eventuate in insurance claims.
An accompanying PlacedRisk Solutions Risk Engineering report is able to provide financial overlays of the main defects against your insurance policy, enabling a clearer view of each defect’s likelihood to trigger a claim. This financial prioritisation of building defects enables insurers to price premiums with greater precision.