Build-Zone lead again with a major A-rated Insurer
Updated: 5 days ago
Build-Zone, the trading style of Sennocke International Insurance Services, and one of the leading UK 10-Year Structural Warranty providers have secured backing from XL Catlin Insurance Company (UK) Ltd part of AXA XL.
Build-Zone has secured backing from XL Catlin Insurance Company (UK) Ltd part of AXA XL, the specialist division AXA Group of Companies. The collaboration means Build-Zone will continue to offer A-rated backed warranties for New Home, Commercial, Mixed Use, Build to Rent, Social Housing, Self-Build, and Custom Build schemes together with their leading Technical Services company, Build-Zone Survey Services Ltd.
Customers will benefit from the security of having one of the leading insurers behind their policies and be safe in the knowledge that the Build-Zone Warranty and Technical Services teams are there to help and work with them in such uncertain times.
Paul Kempton, Managing Director at Build-Zone comments:
“We are delighted that Build-Zone has a new and highly respected A-rated Insurer. This follows after two of the key insurers of structural warranties - Canopius and Amtrust International - removed themselves from the market earlier this year, leaving many warranty providers without insurance backing and it has got worse with the announcement this week that Allianz is withdrawing from BLP in November. As a consequence of this shift in the market, some have still yet to find adequate replacements or have had to resort to using unrated and unknown insurers.”
He went on to say:
“The market will also remember Alpha going into liquidation in 2019, leaving thousands without the cover that they (and their Lenders) thought they had which resulted in the purchase of new policies and the additional costs that go with it. This was just one of many examples that highlight the importance of using A-rated security when considering long-term policies like Latent Defects Insurance.”
Build-Zone was created as a 10-Year Structural Warranty provider in 2003 and is a trading style of Sennocke International Insurance Services Limited, which was established in 1990. We are experienced in providing Latent Defects Warranties for all types of developments, from a single unit new home warranty to large Residential or Commercial Developments. Whatever your project, we can provide the 10-Year Structural Warranty and required technical services that you need.
With years of experience, Build-Zone understands the importance of providing the right level of support both before and throughout the build process. Our experienced team of account handlers will assist with any queries from the time of your application until completion of your project, to ensure everything runs as smoothly as possible allowing you to concentrate on what you are good at.
Build-Zone Survey Services Ltd (BZSS), our in-house dedicated technical services resource company, arranges the 10-Year Structural Warranty technical audits using a network of independent, suitably qualified surveyors. engineers and approved inspectors. They can also facilitate Building Control at the same time via a network of carefully audited approved inspectors which can result in substantial savings for the customer, both financially and in terms of time.
Nicky Frost – SMPR (Simply Marcomms Limited)