Premier Guarantee has announced the appointment of HSB to its insurer panel.
With an AM Best rating of A++ (Superior), HSB is a specialist provider of engineering and technology insurance.
Part of the global HSB Group, HSB specialises in construction and equipment breakdown covers in the UK, which includes experience in Latent Defects and Machinery Inherent Defects insurance.
Gary Devaney, chairman and chief executive of Premier Guarantee, said: “The industry needs good news at the moment and this partnership puts us in an excellent position to hit the road running as the construction market picks up after a very difficult few months for all.
“It enables us to extend the range of products and services we are able to offer in the warranty and building control markets via brokers and directly to clients and homeowners. We are also looking to bring some exciting new schemes to market.”
Stephen Worrall, managing director, HSB said: “We are delighted to be working with Premier Guarantee to provide latent defects and machinery inherent defects insurance to their customers.
“By combining our specialist insurance knowledge and experience with Premier Guarantee’s expertise in the building control and warranty markets, we are building a strategic relationship focused on delivering customer-focused insurance solutions.”