A new joint venture between Steadfast and fintech pioneer ListSure will deliver new insurance and finance products to meet the unique challenges faced by the real estate industry.

Steadfast MD and CEO Robert Kelly says the real estate sector is underserved when it comes to risk management, and the new pairing will provide real estate players with a new range of bespoke risk mitigation tools.

“The joint venture provides the opportunity to design and deliver products that meet the needs of this dynamic sector,” Mr Kelly said.

ListSure co-founder and MD Brad Melman says realtors manage a wide variety of financial transactions but have a limited range of insurance products to mitigate risk. The fintech’s “Pay On Success” offer provides insurance and finance for costs related to marketing residential properties for sale in Australia.

“The joint venture with Steadfast provides the perfect platform to accelerate the rollout of our unique offering and bring to market some exciting new initiatives that we have been developing to better serve the real estate industry,” Mr Melman said.