Latent Defects Insurance
Oval has a specialist construction team dedicated to dealing with the wide ranging needs of their construction clients, utilising their specialist knowledge and schemes for placing latent defects insurances for UK or overseas risks.
Long Term Warranties in the form of Latent Defects Insurance provide an effective and beneficial alternative to collateral warranties and reduce risk exposure for developers, financiers, owners and occupiers of a diverse range of newly constructed buildings, both in the UK and overseas.
Within the construction sector, you can now insure against the risks associated with defective design, workmanship or materials becoming evident after the practical completion of a development by utilising Latent Defects Insurance.
Latent Defects Insurance for structural risks:
Other risks – we can arrange long term warranties/guarantees for:-
- Roofs/Roofing
- Piling
- Underpinning
- Basements
- Paint/coatings for marine vessels/shipping & bridges
Brokers/Introducers
All of our facilities are available on a sub broked basis. Please contact us to arrange an agency agreement or discuss your clients needs further.