FMB Insurance was set up in 1980 to provide warranties for the domestic home improvement market. This work was largely funded by local authorities.
FMB Insurance now provides a wide range of commercial and latent defects insurances to suit the requirements of FMB members, as well as the general public. Alongside this cover, they also offer van/fleet insurance, public and employers’ liability, as well as various other forms of insurance including unoccupied property insurance and surety bonds. They have established relationships with their insurers, which means FMB can be flexible in the cover offered.
Unlike other companies, the FMB team consists of professionals with over 25 years collective experience in the construction industry. FMB services are personalised – customers will have their own assigned representative who will guide them through the entire insurance process, answering any questions the customer may have.
The FMB structural warranty is underwritten by Lloyd's Syndicate 1200.
Integral to the success of the Code, are the efforts of our partners working with us to support our monitoring and enforcement initiatives, to ensure that consumers are protected every step of the way in the process of buying a New Build Home.
The Code Sponsor is ultimately responsible for ensuring the Code is implemented and remains effective, however we also work with the Warranty Bodies who are signed up to us as Code Users, to assist us in our monitoring efforts.
The Warranty Bodies, who offer our Code Members Structural Warranties on the New Build Homes, sign up to our Code User Agreement, which ensures they are responsible to the Code for monitoring and enforcing the Code. They are extremely well placed to support our activities since they maintain an annual registration process for each Developer they work with and carry out a programme of site inspections during the construction activities of the Developers, to assess the quality of the build for their own underwriting purposes.
This means that every Code Member has been through a rigorous series of registration checks and has oversight during construction to ensure that the New Build Homes are built to a quality standard in line with the Building Regulations and good building practice.
The Code Users responsibilities on behalf of the Code include:
Established in 2010 by Paul Davies & Clare Thomas, following years of experience in the construction industry, to bring a different approach to the Warranty market through a clear and proper understanding of risk management, to deliver a customer-focused product which really benefits homeowners who purchase new-build homes from UK Developers.
The experience behind Q comes from senior management at Zurich Building Guarantees as well as first-hand delivery of consultancy services to UK Developers. This has firmly established a comprehensive understanding of: how Developers work and where the risk areas are within their business models for construction and customer service delivery; as well as how warranty claims are handled and key sources of issues during the build process which can cause Latent Defects.
In 2015, the company became a Coverholder at Lloyds of London and is now underwritten by Lloyd’s Syndicate 4444.
Established in the UK in 2011 as an alternative to other structural warranty providers and the company has seen its market share increase in the provision of structural defect insurance throughout the United Kingdom and Ireland.
GHW’s ultimate aim is to add value at every stage of the home warranty service, through its experienced and friendly consultants and Risk Managers, and nimble and responsive management style. The company is very proud of its flexible approach which means that it doesn’t simply provide a conveyor belt of off-the-shelf policies. Each application is carefully considered, assessed and a tailor-made solution provided.
The company has an experienced and rigorous Surveying Team who are RICS and CIOB qualified to provide on-site technical assessments and to minimise the risk of defects going undetected. Their surveying schedule is created specifically for each development to minimise disruption and they liaise closely with site managers throughout the build, compiling a detailed history of every project. The inspection program is planned to cover all significant structural and weather penetrating elements. All customers have access to the technical team for advice and guidance.
Global Home Warranties is underwritten by Acasta Europe.
Established in 2015 by Simon Middleton, in conjunction with Lucas Fettes & Partners Ltd, following Simon’s direct experience in the warranty market at Build-Zone. The company’s technical services provision is the essential risk management design & inspection processes they incorporate into every new property being built with the benefit of a Protek Warranty.
The model focuses on delivering excellent communication flow between the technical audit and the construction team to ensure the projects meet the standards required by Protek as clearly and as effectively as possible, without additional cost or time implication to the developing party. Protek’s range of structural warranties has been designed for builders and developers of residential, regeneration properties and caters for the many different models utilised in today’s market to deliver them.
The Protek structural warranty is underwritten by Lloyd’s Syndicate 4444.
Annual Registration Checks
Construction Phase Site Surveyor Checks
Legal Compliance Checks
Targeted Checks on specific elements of the Code (as required by the Code Sponsor from time to time)
The Warranty Bodies as Code Users will also assist the Code Sponsor in carrying out a full audit on every Code Member once every five years.
The Consumer Code for New Homes is now accepting applications from other Structural Warranty Bodies to become Code Users.
This involves demonstrating that the Warranty Body can meet the supporting requirements of the Code in monitoring and enforcing the Code, and that it has a suitable insurance provision in place to meet the consumers' needs in the process of buying a New Home.
Successful Code Users will be asked to sign a Code User Agreement and will be required to provide regular evidence to the Code Sponsor to demonstrate that its activities remain effective in supporting the implementation of the Code.
BLP Insurance offers housing warranty insurance and commercial development latent defects insurance underwritten by Allianz Global Corporate & Specialty SE. Our insurance is a compelling alternative to the 'traditional' 10 year new home warranty solutions and our commercial latent defects insurance product is the most comprehensive in the market. Unlike traditional new homes warranties, BLP’s insurance covers the building – not the developer – and does not ask developers to pay up front registration fees, ongoing membership fees, bonds, guarantees or deposits. For claims, only proof of damage is required not proof of liability. BLP’s cover is approved by all of the major British mortgage lenders.
We provide peace of mind for homeowners and protect their investment from the risk of undiscovered defects, because: our insurance policies are backed by an AA rated global insurer; we will have properly assessed the build project from design through to workmanship on site, to help minimise the chance of future defects; and if a defect does arise the homeowner won't have to prove who is to blame, just that there is a defect.
We have been providing construction insurance since 1989, trading as BLP since 1999. We are owned by Thomas Miller, a world class insurance services business at the forefront of the insurance industry for over 125 years. BLP Insurance is regulated by the FCA.