We can cover contracts up to £10 million and can make special requests to the insurer for anything in excess of this amount. Please note that the quote will also take into account the builder’s credit rating and years trading so expect a credit check to be performed when we are calculating your price.
Plans and schedules must be submitted and we will undertake a full technical review prior to issuing your formal quote. Each review is based on structured check lists appropriate to your specific development to enable us to confidently assess any potential risk.
INSPECTIONS
We are pleased with our inspection facility which we believe is cost-effective and expert. Inspections will be undertaken by the British Board of Agrément (BBA) who is a fully UKAS accredited independent inspectionbody. A minimum of three inspections will be carried out during construction and at completion which will ensure that the work is progressing satisfactorily and in line with our technical manual. The BBA will arrange the inspections directly with your chosen contact to ‘cut out the middle man’ and full technical support is available throughout the course of the build.
BUILD ASSURE PEDIGREE
Build Assure New Homes Insurance is arranged by AON Benfield Brokers and underwritten by certain underwriters at Lloyds.
Build Assure New Home is a Coverholder at Lloyds. Lloyds is the world’s specialist insurance and reinsurance market, bringing together an outstanding concentration of underwriting expertise and talent. It is often the first to insure emerging, unusual and complex risks.
Around 80 syndicates are underwriting insurance at Lloyd’s, covering all classes of business. Together they interact with thousands of brokers daily to create insurance solutions for businesses in over 200 countries and territories around the world.
