The Future of Structural Warranties: Build Warranty Group Approach to New Regulations and Technology

As we progress through 2024, the structural warranty sector faces a landscape filled with both challenges and opportunities. At Build Warranty®, we are committed to leading the way with innovative solutions and unwavering support for our clients. Here are the key topics shaping our industry this year.

The Building Safety Act: A Paradigm Shift

The Building Safety Act has introduced significant regulatory changes aimed at enhancing the safety and quality of buildings. One of the most impactful potential changes includes mandating minimum 15-year structural warranties and requiring all new-build homes to have warranty coverage. These regulations, if enacted, will increase protection for homeowners and elevate construction standards. However, they also bring concerns about increased costs for developers and the broader housing sector​.

Rising Premiums and Capacity Challenges

Economic factors and industry events such as Brexit and the Grenfell tragedy have contributed to increased premiums and reduced capacity within the structural warranty sector. These challenges make it crucial for providers to stay competitive and reliable. At Build Warranty®, we are leveraging technological advancements to streamline our processes and ensure consistent coverage for our clients, by maintaining a strong relationship multiple Insurers with appetite for varying projects, helping to mitigate the impact of these economic pressures​​.

Embracing Technological Advancements

To address these challenges head-on, Build Warranty® is at the forefront of integrating advanced technology into our operations. Our state-of-the-art systems enhance data processing, improve customer service, and ensure efficient project sign-offs. This commitment to technological integration allows us to offer unparalleled service and maintain our competitive edge in a challenging market​​.

Addressing Contractor Insolvency Risks

Contractor insolvency cover is increasingly vital, particularly for the social housing sector. Economic instability has led to a rise in contractor insolvencies, making it more difficult to secure this type of cover. At Build Warranty®, we offer solutions such as bonds to provide financial protection and ensure project continuity, even in the face of contractor insolvency​​.

Regulatory Compliance and Risk Management

Ensuring compliance with new regulations and effectively managing risks are paramount. The Building Safety Act’s emphasis on accountability and enhanced safety standards requires close collaboration between warranty providers and developers. At Build Warranty®, we workproactively with our clients from the design stage through to project completion, helping them navigate regulatory requirements and avoid costly redesigns​.

Competitive Landscape: Challenges with NHBC and Premier Guarantee

Developers often face significant challenges when dealing with major competitors like NHBC and Premier Guarantee. These larger providers have a strong market presence and extensive resources, but this can sometimes translate into higher premiums and less personalised service. Developers report issues such as longer wait times for inspections and approvals, and more rigid processes that can slow down project timelines.

Premier Guarantee’s recent acquisition by HSB has added another layer of complexity. While this takeover was expected to bring stability and additional resources, developers have expressed concerns about increased bureaucracy and potential changes in capacity and coverage terms.

At Build Warranty®, we differentiate ourselves by offering cover options to suit various projects and cover requirements. Our focus on technology and customer service means faster response times and a more hands-on approach, ensuring that developers can keep their projects on track and within budget. By staying agile and responsive, we aim to provide a superior alternative to the more bureaucratic processes often encountered with larger competitors​​. Read more here:

Looking Ahead

At Build Warranty®, we are committed to redefining excellence in the structural warranty sector. By embracing technological innovations, offering competitive premiums, and ensuring consistent coverage, we are well-positioned to navigate the evolving landscape. We invite builders, developers, and investors to partner with us and experience the difference that our dedication to innovation and reliability can make.

For more information on how Build Warranty® can support your projects, visit our website, or contact us directly.

BW-Build Warranty® is the UK construction industry’s new number one choice for warranty solutions, professional advice, and personal service. Learn more at

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