There is no doubt that the demand for latent defects insurance on new commercial buildings is increasing for all sorts of reasons. For those who need to know more about this class of insurance and the role it can play in the construction of new buildings we would recommend Issue 21 of Aon’s Property Eye. RICS assisted in the preparation of this, and it includes a commentary by Michael Byng.
This article welcomes a comparatively new player, Premier Guarantee, to the latent defects insurance market and not only is it determined to succeed, but it has plenty of experience in the residential and small commercial sector.
The article covers:
- Premier Guarantee background information
- Insurance policies – what is covered?
The article as mentioned above and taken from Property Eye, is available to view. To do so, please follow the link to the right of this page.