Bridgehaven Specialty UK and IWG have teamed up to provide a new contingent insurance product for defective workmanship of installation of heat pumps.

IWG has been appointed to underwrite an insurance backed guarantee policy to the property and building services platform Iknowa, for installations undertaken by Iknowa-trained engineers in the domestic renewable energy sector for an initial period of three years. The new insurance product is intended to provide protection for customers who have a small-scale heat or power generating system installed at their domestic dwelling or commercial premises.

Paul Dilley, CUO at Bridgehaven, said: “This new partnership between Bridgehaven and IWG demonstrates how we work together with our distribution partners to provide innovative insurance solutions. IWG is a professional and highly experienced MGA, and we are pleased to work with them to offer Iknowa an IBG product that supports professional installation of heat pump technology across the UK.”

Richard Edgar, director of IWG, added: “Bridgehaven brings a fresh approach to the renewables sector and, by making best use of the Iknowa network and technology, we aim to deliver excellent support to the property owner at their time of need.”

Image courtesy of Vaillant