Karis Insurance was approached by a developer to secure latent defects cover for a new build scheme comprising of 21 residential units. They had explored other insurance markets but ultimately turned to Karis due to an existing relationship with one of our brokers, who was already supporting the development finance.

to our panel access and in-house expertise, we secured a 20% reduction on the original premium quote. Despite some complexities in the client’s background, we were able to deliver a solution and successfully waived several standard policy requirements in order to secure the cover.