Opportunity for

BIBA members will receive expert advice and extend their offering of latent defect insurance

Solution for

Construction industry and property markets with a UK finance requirement

A specialist broker for latent defect insurance (structural warranties) since 2018. A highly
respected broker with access to a vast panel of rated insurers, enabling a market comparison.
Scheme members have priority access, a direct point of contact and in-house technical
surveyors throughout the development of the project.

Target risks

  • New builds
  • Self builds
  • Conversions – existing properties/office/agricultural
  • Social housing/shared ownership/affordable housing
  • Student accommodation, care homes and hotels
  • Mixed-use and commercial development

Key policy features

  • 10–12-year policies
  • All policies meet the UK Finance requirements
  • Cost of complete or partial rebuild of your property as defined in the policy
  • Fully re-assignable to new owners throughout the policy term
  • Cover for projects at any stage of construction including retrospective
  • Loss of deposit and insolvency options

Key benefits to members

  • Direct point of contact
  • BIBA landing page on website
  • Enhanced 12.5% commission on premium; no minimum volume
  • Priority technical review of risk by senior staff to enable prompt placement for your clients
  • Technical advice contact for BIBA brokers with RICS Chartered Surveyor
  • Access to whole of latent defect insurance market and A-rated insurer capacity

Become a BIBA member

Membership that gives you more. We support, protect, represent and promote brokers. Our experienced and dedicated team are here to help you!

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