BLG aims to tackle 'gaping holes' with new product

scaffolding

Building and Land Guarantees (BLG) has launched a long-term repair works warranty in a bid to fill what it called gaping holes in the latent defects market.

Cover Shield, which BLG claimed was a market first, will provide a guarantee against defective workmanship, materials and design.

Director James Russell said the cover will put policyholders in the position they were in before any loss occurred.

He explained: "When I started dealing with repair works on houses and offices following fires, I realised that the property owner automatically invalidates any existing warranties when they carried out the repair works.

"To achieve that, the policyholder

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: