Biba reveals new LDI schemes provider
The British Insurance Brokers’ Association has switched to Acrisure UK as the provider of its latent defects insurance scheme.
Biba previously teamed up with specialist broker GBW to launch a latent defects scheme in September 2023.
A spokesperson for the trade body confirmed to Insurance Age the GBW scheme had come “to its natural end, [and] Acrisure are the new provider of our LDI scheme”.
RelatedBiba launches latent defects schemeThe British Insurance Brokers’ Association has teamed up with specialist broker GBW to launch a latent defects scheme, consisting of building warranty cover tailored for the property
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