The Insurance Council and its members are leading a program to improve the resilience of Australian buildings.
Insurance plays a key role in the:
- construction and
- maintenance of the built environment.
From the family home to apartment buildings, from commercial and industrial developments through to civil infrastructure, the insurance industry provides insurance products that protect the assets of Australians across the entire economy and community.
Why is building resilient homes important?
Natural disasters are occurring with greater frequency and come with greater severity.
The impacts of these natural disasters in 2019-2020 saw homes, businesses and communities devastated and the insurance industry paid more than $7 billion in claims on natural disasters alone in this period.
Building more resilient homes means that natural disasters will not have as significant impact to homes, properties and communities.
What we’re doing: Building Stronger Homes Roundtables
Throughout 2020 and 2021, the Insurance Council has partnered Master Builders Australia in convening the ‘Building Stronger Homes’ Roundtable series.
Engaging industry bodies, governments at all levels and leaders from across the building and property industry, the Roundtables have developed strong policies to improve the durability of homes, to provide for more contemporary planning arrangements and facilitate resilience within the built environment.