SME developer partners with LBB on three separate projects in the space of three months
Protecting developments today. Powering the communities of tomorrow.
Project Overview
Location: Multiple, including Ascot, Berkshire
Development type: High-value, individually designed detached homes
Build Costs: £1.35m – £1.4m per unit
Timeline: Three projects secured within three months
Developer & Main Contractor: Form 4
LBB recently advised Form 4 on the placement of structural warranty cover for a series of premium residential developments. Spanning three unique sites, the partnership highlights LBB’s ability to manage rapid, high-frequency instructions while maintaining a bespoke approach for every individual build.
As both developer and main contractor, Form 4 required a partner who could keep pace with their accelerated delivery schedule without compromising on technical rigour or commercial value.
With each home featuring bespoke architectural designs and high-specification builds, a “one-size-fits-all” insurance policy was insufficient. The client required:
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Technical Assurance: Specific underwriting suitable for premium, high-value residential assets.
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Speed of Execution: Rapid turnaround to align with tight construction programmes.
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Market Transparency: A clear comparison of terms to ensure the most competitive pricing across different providers.
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Expert Coordination: Support in managing surveyor inspections and technical compliance across multiple live sites simultaneously.
Natalia Pacey, Consultant at LBB, led a tailored procurement strategy that moved away from a single-provider approach. By analyzing the unique design, construction stage, and programme requirements of each site, LBB sourced three different warranty providers across the three developments.
For the most recent project—a three-storey detached home in Ascot—Build-Zone was selected as the optimal partner. This decision was driven by:
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Competitive Pricing: Delivering value without sacrificing the quality of the “gold-standard” cover.
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Operational Speed: The ability to mobilize surveyor inspections immediately.
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Efficiency: Successful placement of the warranty within just two weeks of instruction.
Beyond placement, LBB’s Client Services department provided ongoing technical guidance, acting as the bridge between the developer and the insurers to ensure all surveyor requirements and compliance hurdles were cleared smoothly.
By leveraging LBB’s market access and technical expertise, Form 4 benefited from:
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Bespoke Risk Alignment: Each site was matched with the insurer best suited to its specific architectural profile.
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Streamlined Procurement: An easy, transparent quotation process that allowed for evidence-based decision-making.
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Rapid Deployment: Meeting critical deadlines, particularly for the Ascot site, ensuring no delays to the build programme.
This series of successful placements has solidified a trusted working relationship. It demonstrates how LBB’s agile, consultant-led approach enables SME developers to move forward with the confidence that their high-value assets are protected by the most appropriate and cost-effective cover on the market.
This case study is intended for professional clients and does not constitute personal advice or a financial promotion to retail customers.
The London Belgravia Group Provides Risk and Insurance Advisory Solutions to Global Property Developers. London Belgravia Brokers Ltd, t/a LBB, is an appointed representative of Ten Insurance Services Ltd t/a Eleven Network, which is authorised and regulated by the Financial Conduct Authority
