The British Insurance Brokers’ Association has launched a new latent defects (structural warranties) scheme provided by independent broker GBW. The new scheme offers specialist building warranty cover tailored for the property development and construction industry.

Mike Hallam, head of technical services at BIBA, said: “This is a highly specialist cover, and with the rise of building developments, large and small, I’m sure this scheme will prove to be a valuable asset for members to help both commercial and private customers.

“We’re really pleased to launch this new scheme, which further expands the variety of cover and services members can access by using our schemes and facilities.”

Edward Bidwell, managing director of GBW, added: “As long-standing members of BIBA we are delighted to be launching, as a scheme provider, this new scheme for latent defects insurance.

“Our team’s expert knowledge in this specialist insurance sector will enable priority access for BIBA members to our panel and will simplify the process of getting this important cover for their customers.”

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