WA issues insurance guidance for property owners affected by Pindan administration
The WA Government has advised property owners who may be affected by the closure of Pindan Group to immediately contact their home indemnity insurance (HII) provider, QBE Insurance.
The Perth-based property and construction group went into administration last week. An ABC News report quoting administrator EY says creditors were owed $70-80 million.
The WA guidance says the group’s operations include four registered building contractors that carried out commercial, government-funded building projects and residential work.
Building and Energy Executive Director Saj Abdoolakhan says people with HII policies whose homes are under construction by a Pindan building contractor should contact QBE to discuss arrangements for the completion of their homes.
“Anyone whose home was built by Pindan in the past six years who considers their home has unresolved defects should also discuss the lodgement of a claim under their HII policy with QBE,” Mr Abdoolakhan said.
Pindan clients who have bought an apartment off the plan should contact their developer.
Click here for the guidance.