Johns Lyng launches strata division
Emergency and insurance building specialist Johns Lyng Group today announced a new strata services division to focus on building and restoration repairs for strata insurers.
The move, which builds on Johns Lyng’s long association with the insurance industry, will be initially available throughout NSW, ahead of a nationwide rollout.
Former Allen & Newton strata division chief Robert Noyes, who has worked in the strata sector for more than 15 years, has been appointed Johns Lyng’s GM Strata Services (NSW).
CEO Scott Didier says Australia has 2.5 million strata lots nationwide at an insured value of $995 billion, so a dedicated strata division “presented a compelling new opportunity” for the company.
“With the ongoing residential apartment construction boom along the east coast, continued population growth in major cities and more people choosing strata apartment living, this is a real opportunity to introduce Johns Lyng’s expertise into this sector,” he said.
The company says the division will expand beyond NSW and will also explore opportunities in the strata direct and remedial building sectors.