{"id":93442,"date":"2021-05-14T12:46:29","date_gmt":"2021-05-14T11:46:29","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=93442"},"modified":"2021-05-14T12:47:07","modified_gmt":"2021-05-14T11:47:07","slug":"structural-warranty-high","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/building-control-news\/structural-warranty-high\/93442\/","title":{"rendered":"Structural warranty provider reports five-year high"},"content":{"rendered":"

Structural warranty provider, Premier Guarantee<\/a> has achieved its best quarter over the past five years in the first three months of this year<\/h2>\n

Given the difficulties the construction industry faced in 2020 due to the pandemic, structural warranty provider<\/a> Premier Guarantee has bounced back strongly.<\/p>\n

Compared with Q1 2020, there was an 80% increase in units registered in the first quarter of this year.<\/p>\n

Throughout the lockdown restrictions, the company has maintained its service levels, ensuring that developers could continue business as usual.<\/p>\n

\u2018A testimony to resilience and adaptability\u2019<\/h3>\n

Gary Devaney, CEO of Premier Guarantee, said the company\u2019s order book was strong and 2021 was off to a good start.<\/p>\n

\u201c2020 was a difficult year for everyone, including the housebuilding industry<\/a>. Our record results for the first quarter of 2021 are testimony to the resilience and adaptability of our business and a vote of confidence in the market overall.<\/p>\n

\u201cAs market conditions improve we look forward to continuing to support our growing customer base,\u201d said Devaney.<\/p>\n

*Figures are based on Gross Written Premium.<\/em><\/p>\n

In March, Premier Guarantee reported<\/a> a significant increase in new home structural warranties quotes in the last quarter of 2020.<\/p>\n

Quotes for new home structural warranties rose 71% in comparison with 2019\u2019s Q4 period.<\/p>\n

Quotes for warranty cover were up by 123% in the last quarter of 2020 compared to the lockdown period of Q2.<\/p>\n

Premier Guarantee\u00a0adapted to the pandemic by adopting remote inspections and rolling out an online reporting platform for builders and developers, as well as employing new technology to record on-site construction data.<\/p>\n

\n<\/div>","protected":false},"excerpt":{"rendered":"

Structural warranty provider, Premier Guarantee has achieved its best quarter over the past five years in the first three months of this year.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[306],"tags":[429,572,569,390,19885,462],"stakeholder_rel_tag":[172501],"contributor_rel_tag":[],"class_list":{"0":"post-93442","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-building-control-news","7":"tag-building-control","8":"tag-housebuilding","9":"tag-housing-standards","10":"tag-sh-premier-guarantee","11":"tag-structural-insurance","12":"tag-structural-warranty","13":"stakeholder_rel_tag-premier-guarantee"},"acf":[],"yoast_head":"\nStructural 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