News & Blog

Key Benefits of Performance Bonds

Performance Bonds have become a key part of a developers risk management strategy The current market conditions have many construction firms considering their risk management strategy. A performance bond is a surety bond issued by an insurance company (or in some...

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Latent Defect Insurance for Commercial Developments

Taking out Commercial Latent Defects Insurance from new build warranty providers alongside a Collateral Warranty makes a lot of commercial sense in the current climate. A Latent Defect is a defect that appears in a building after it has been completed and that is not...

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Barn Conversion Warranty

There have been occasions where we have recommended professional consultant’s certificate as a more suitable solution to a barn conversion warranty. There are instances where insurers view barn conversions as a ‘higher risk’ or in extreme circumstances, will not offer...

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What Causes Structural Damage?

Structural damage is damage to the main structure or any component designed to provide structural integrity of the construction. Primary causes of structural defects include:- Workmanship – With around 70% of matters involving water/plumbing issues, this is the reason...

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