INSURANCE BACKED GUARANTEES

IFS LTD can provide Insurance Backed Guarantees both individually and as additional cover for other policies. Developers demanding long term Insurance Backed Guarantees from specialist contractors is common. Most LDI insurers require them for Piled Foundations, Waterproofing Solutions and Flat Roofs. As such IBG’s represent a logical cross-selling opportunity for producing brokers. These policies can be individually designed to suit the needs of a commercial property owner. For example IFS LTD has policy wordings both with and without excess periods to suit commercial “self-builders” and developers who intend to sell the developed site on completion. Producing brokers with a sufficient business flow will be assisted by the our specialist teams to design their own branded solution in order to generate more business.