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CRL IN

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0306 0408101216 1418

UN

DER

STAND

ING

YOU

R N

EEDS

EXCITING

PROJECTS

WH

O W

E WO

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WITH

YOU

R Q

UESTIO

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3

Our team

are experts in providing Structural D

efects Insurance to protect thousands of new

ventures throughout the UK

and Ireland. We provide

fast, flexible cover, underwritten by our in-house

team w

ho are dedicated to providing great deals and the highest quality service.

If you are engaged in a building project or manage

a portfolio of new-build properties that require

mortgages, then your lender w

ill require a 10 year Structural D

efects Insurance policy on the property.

01

Any new build venture requires a significant level of

investment. W

ith our Structural Defects Insurance,

you can protect yourself against latent defects in design, w

orkmanship, m

aterials or components of

your property for 10 years after completion.

We don’t shy aw

ay from insuring unusual projects.

We cover new

builds, complete or partially

completed builds, tim

ber frame constructions,

prefabricated properties, mixed-use projects, barn

conversions and insolvent properties.

Our clients are a discerning bunch from

a diverse range of professions across the construction industry. D

evelopers, builders, structural engineers, architects, insolvency practitioners, fixed charge receivers, solicitors, accountants and quantity surveyors all protect their investm

ents with C

RL

Structural Defects Insurance.

02

Our expertise and proven industry experience

gives us the confidence to explore new territory

or guide you through well-trodden paths. C

lients tell us that our flexible approach, coupled w

ith our speedy turnaround and highly com

petitive prem

iums m

ake us an obvious choice for their Structural D

efects Insurance.

From start to finish, our super-strong team

offers a full on-site technical assessm

ent and regular inspections to ensure your build adheres to current building regulation standards.

CR

L is recognised by 98% of m

ortgage lenders across the U

K and Ireland. W

e are Appointed R

epresentatives of BC

R Legal G

roup Ltd who

are authorised and regulated by the Financial C

onduct Authority. Our products are also covered

by the Financial Services Com

pensation Scheme.

WH

O ARE WE?

WH

AT DO WE DO?

WH

Y CHOOSE CRL?

03

we a

Re

intRePidit's in

ouRdn

a

WE'VE CLEARLY GOT TH

E CREDENTIALS...

SO HOW

CAN W

E HELP YOU

?

EVERY VENTU

RE IS DIFFERENT.

WH

ETHER IT'S A N

EW BU

ILD OR

A GRAND DESIGN

OF YOUR OW

N,

WE BASE OU

R INSU

RANCE ON

IN

DIVIDUAL CIRCU

MSTAN

CES, NO

TICK BOXES AN

D NO SET CRITERIA -

JUST AN

APPETITE FOR ADVENTU

RE.

WH

O, WH

AT, WH

Y?

by n

atuRe

*Information and data correct at tim

e of print

let the

adv

entu

Rebeg

inW

E TRULY U

NDERSTAN

D CLIENTS'

NEEDS. W

E ARE AS PASSIONATE

ABOUT N

EW VEN

TURES AS YOU

ARE: W

HATEVER OR W

HEREVER

TH

EY MAY BE.

WE M

AY NOT BE M

ARKET LEADERS, BU

T WE AIM

TO LEAD THE M

ARKET W

ITH OU

R OUTSTAN

DING SERVICE,

KNOW

ING YOU

WILL COM

E BACK

TIME AN

D TIME AGAIN

!

LET'S BE BOLD.

5

THE N

ATURE OF TH

E CONSTRU

CTION IN

DUSTRY DEM

ANDS

THAT YOU

ENGAGE TH

E SERVICES OF PEOPLE YOU TRU

ST. CRL IS ON

E OF THE M

OST RESPECTED NAM

ES IN TH

E IN

DUSTRY AN

D HAS A REPU

TATION BU

ILT ON PROVIDIN

G

COMPREH

ENSIVE COVER AT COM

PETITIVE PRICES.

and

Ready

.

biggeR,

We

aRe

stRongeR

CR

L is dedicated to what w

e do, but more

importantly, w

e are dedicated to what you

do. We know

that every minute you are

diverted from your core business it costs

you money. O

ur outstanding comm

itment

to service means clients are assigned

a dedicated relationship manager and

approved surveyors to undertake site inspections. From

initial enquiry to the issue of your policy, our stream

lined processes and super-fast response tim

es, enable you to organise your Structural D

efects Insurance quickly and sm

oothly.

FAST01

You can be confident in the knowledge

that CR

L will w

ork closely with you to

design a tailor-made package to suit

your project requirements. W

e provide unusual projects and have the flexibility and experience to assess individual client needs and respond accordingly.

FLEXIBLE02

We focus our business on insuring to ensure

your plans become reality. W

e work tirelessly

to provide great value, competitively priced

Structural Defects Insurance. W

hatever the size of your venture - w

hether you’re w

orking for yourself on a single build or for a developer w

ith an extensive portfolio - you can rely on C

RL to provide cover that w

ill suit your needs.

COMPETITIVE

03

UN

DERSTANDIN

G YOUR N

EEDS

We Lo

ve

A C

Hallen

ge

WH

ATEVER YOUR N

EW BU

ILD

VENTU

RE CRL PROVIDES STRU

CTURAL DEFECTS IN

SURAN

CE FOR A RAN

GE OF DIFFERENT PROPERTY

TYPES AT DIFFERENT STAGES OF

DEVELOPMEN

T OR COMPLETION

.

WH

ATEVER OR

WH

EREVER IT MAY BE.

7

Our com

prehensive and cost effective Structural Defects

Insurance provides cover to architects and individuals em

barking on barn conversion projects. It doesn’t stop there: w

e also provide insurance for other types of building conversion, including office blocks, retail units, churches and even roundhouses!

BARN CON

VERSIONS

We provide self build projects against future structural

defects, such as the destruction or physical damage to a

load bearing element of the property caused by a defect

in the design, workm

anship, material or com

ponents of the structure.

SELF BUILD

Protect any new build residential properties – including

single or multiple dw

ellings. Our cover starts from

the date of practical com

pletion.

NEW

BUILD

010203

Things don’t always go to plan: property

developments that failed to m

ake it to the completion

stage due to the developer going into administration

are known as distressed or insolvent properties.

If this happens, you need fast and affordable Structural D

efects Insurance cover to help secure project com

pletion or a speedy resale.

DISTRESSED (INSOLVEN

T) PROPERTIES

04

Properties which house both residential and

comm

ercial premises are classed as m

ixed use. We

provide professional and comprehensive cover for this

type of project at any stage of development, or w

hen they are com

pleted.

MIXED U

SE05

We w

ork closely with professionals involved in the build,

managem

ent and sale of properties that have gone into adm

inistration at the part complete or com

plete stage of developm

ent to ensure a prompt sale.

PARTLY OR FULLY

COMPLETED PROJECTS

0607

Any work on lofts, single or double story extensions and

renovations, garages or outbuildings, must be covered

against structural defects.

EXTENSION

S AND

REN

OVATIONS

Our Structural D

efects Insurance provides Housing

Associations and Registered Social Landlords w

ith up to 10 or 12 year cover on new

build affordable housing developm

ents and conversions.

SOCIAL HOU

SING

09 08

Even prefabricated homes, w

hich are manufactured

off-site in advance, require Structural Defects Insurance.

The most com

mon type of prefab self build hom

e is a tim

ber framed hom

e.

PREFAB PROPERTIES

OUR DIVERSE EXPERIEN

CE

ShaRed

Passion

and dRive

OUR CLIEN

TS DESERVE THE H

IGHEST

LEVEL OF CUSTOM

ER SERVICE TO

HELP PROTECT TH

EIR INVESTM

ENT.

SUPER-STRON

G AND U

LTRA-SHARP,

OUR TALEN

TED TEAM DELIVERS IT!

9

We w

ork with architects to provide Structural D

efects Insurance for projects that they are creating plans for. Architects act as an interm

ediary for their clients to ensure they have the correct policy in place.

ARCHITECTS

01

Builders and developers com

e to CR

L to secure com

prehensive cover when they are due to sell a

completed developm

ent or developments, or are

looking to take on a part-complete project. O

ur client centric approach m

eans that our policies are typically based on contract value and do not include a tw

o-year builder’s liability period.

BUILDERS &

DEVELOPERS02

Repossessed properties need Structural D

efects Insurance so they can be sold. W

e work w

ith fixed-charge receivers to provide quick and com

petitive cover to m

ake it happen at top speed.

FIXED CHARGE RECEIVERS

0304

Business generated through insolvency is becom

ing an increasingly large part of our m

arket. Insolvency practitioners m

anage distressed residential properties, or act as m

anaging agent on behalf of receivers. O

ur cover facilitates efficient sale of properties.

INSOLVEN

CY PRACTITIONERS

Self builders must ensure they have Structural

Defects Insurance in place. O

ur surveyors review the

build at different stages of development to confirm

it m

eets the structural requirements and high

standards demanded throughout the project.

SELF BUILDERS

06

The process of buying and selling houses can be com

plicated and time consum

ing. We take som

e of the hassle aw

ay by working w

ith solicitors and their clients to provide Structural D

efects Insurance - giving them

one less thing to worry about.

SOLICITORS07

We w

ork with surveyors w

ho discover properties that require Structural D

efects Insurance –particularly barn conversions, com

pleted or partially completed

builds and mixed use projects. W

e regularly engage w

ith surveyors whose clients m

ay require this cover as a m

ortgage requirement.

SURVEYORS

08

Our clients include structural engineers w

orking on new

builds that require Structural Defects

Insurance.

STRUCTU

RAL ENGIN

EERS09

We w

ork with leading quantity surveyors across the

UK

and Ireland. This involves supporting quantity surveyors and their clients in the costing and purchase of Structural D

efects Insurance, prices of w

ork, labour, materials, plant m

achinery and the im

plications of design decisions.

QUAN

TITY SURVEYORS

05

WH

O WE W

ORK WITH

CRLac

tion

OUR RECEN

T CUSTOM

ER SURVEY H

AS AN

OUTSTAN

DING AVERAGE SATISFACTION

SCORE OF 9.2 OU

T OF 10.

CUSTOM

ERS ARE MOST SATISFIED W

ITH:

• THE ADVISOR U

NDERSTAN

DING CU

STOMERS’

NEEDS/SPECIFICATION

S

• THE ADVISOR’S KN

OWLEDGE OF PRODU

CTS

• EASE OF MAKIN

G CONTACT

9.2OU

T OF 10

“THEY’R

E EASY TO CO

NTACT AN

D

STRAIG

HTFO

RW

ARD

AND

COM

PETITIVE”

iN

*Information and data correct at tim

e of print

11CRL IN

ACTION

BECAUSE STAFF WERE,

THEY W

OULD

CUSTO

MER

S TOLD

US

RECOMM

END CRL

FRIENDLY, KN

OWLEDGEABLE

AND IT W

AS AN EASY AN

D EFFICIENT PROCESS.

AND PROFESSION

AL“

”

built o

nfo

undatio

ns

stRong

CRL IS APPROVED BY MOST OF TH

E MORTGAGE

LENDERS IN

THE U

K AND TH

E REPUBLIC OF IRELAN

D.

98%APPROVED

*Information and data correct at tim

e of print

13

WH

EN N

ORDIC WAS CH

ALLENGED W

ITH FIN

DING ROAD BON

D COVER

FOR ITS ASCOT CORNER PROJECT, W

E WERE ABLE TO PROVIDE TH

E QU

OTE AS PART OF OUR EXPAN

SIVE PRODUCT OFFERIN

G.

CRL SU

PPLIED THE M

OST COMPETITIVE AN

D COMPREH

ENSIVE

COVER FOR ALL OF NORDIC’S RECEN

T BUILDIN

G PROJECTS, WITH

TH

E ADDITIONAL BEN

EFIT OF AN IN

DEXED POLICY TO COVER THE

PROPERTY’S INCREASIN

G VALUE.

NORDIC CASE STU

DY

MOH

AMM

ED AFZAL, COM

MERCIAL DIRECTOR, N

ORDIC CONSTRU

CTION

OUR RELATIONSH

IP WITH

CRL HAS ALREADY PROVEN

TO BE EFFECTIVE AN

D PROFITABLE. THEY GO TH

E EXTRA MILE TO

UNDERSTAN

D OUR PROJECTS AND N

EEDS AND H

AVE BEEN A

GENUIN

E PARTNER ON

PROJECTS, PROVIDING SUPPORTIVE

ADVICE TO ENSURE W

E COMPLY W

ITH TH

E MOST UP-TO-DATE

STRUCTURAL DEFECTS INSURAN

CE GUIDELINES.

“”

WE PROVIDE STRU

CTURAL

DEFECTS INSU

RANCE FOR A W

IDE RAN

GE OF PROFESSIONALS IN

TH

E CONSTRU

CTION IN

DUSTRY,

FROM SELF-BU

ILD TO HOU

SING

ASSOCIATION

S AND M

ORE.

TRUSTED, RELIABLE AN

D ADVENTU

ROUS...

NOT TH

E USU

AL COMBIN

ATION OF W

ORDS TO DESCRIBE IN

SURAN

CE EXPERTS! BU

T CRL IS DIFFERENT.

fRom

theg

Round

uP!

excitin

gth

ings ju

st g

ot

15

AT CRL WE KN

OW TH

AT LOCAL KN

OWLEDGE AN

D UN

DERSTANDIN

G

GOES A LONG W

AY IN GU

IDING YOU

TH

ROUGH

YOUR KEY PROJECT STAGES.

AS SUCH

WE H

AVE OFFICES ALL AROUN

D

THE U

K, SO IF YOU N

EED US TO DO A

SITE VISIT, OR GET YOU A SU

RVEYOR AT SH

ORT NOTICE, W

E HAVE REAL EXPERTS

AVAILABLE TO BE ON H

AND FOR YOU

R

SPECIFIC NEEDS EXACTLY W

HEN

AND

W

HEREVER YOU

NEED TH

EM!

Birm

inghamB

elfastC

ardiffD

ublinEdinburghH

orshamLiverpoolLondonN

ewcastle

Reading

CRL OFFICES01

“IT IS A VERY G

OO

D PR

OCESS.

THE W

HO

LE PACKAG

E IS VERY G

OO

D.”

“THEY AR

E RESPO

NSIVE, O

FFERIN

G SPECIALIST PR

OD

UCTS TO

SUIT

SPECIALIST SITUATIO

NS W

ITH K

NOW

LEDG

EABLE, PR

OFESSIO

NAL EM

PLOYEES.”

EXCITING PROJECTS

Your structural defects insurance starts from the day of

practical completion.

WH

EN DOES M

Y 10-YEAR

STRUCTU

RAL DEFECTS IN

SURAN

CE START?

There is no defects liability period with C

RL’s Structural

Defect Insurance policies.

IS THERE A DEFECTS

LIABILITY PERIOD?

Yes. In the event of the developer becoming insolvent or

bankrupt the insurer will either refund the deposit paid

by the policy holder or pay the additional cost required to com

plete the residential property, this will be decided

on a case by case basis.

IS BUILD PERIOD COVER

AVAILABLE?

Guid

iNG Y

ou

one

010203

WE'RE ALW

AYS ON H

AND TO AN

SWER

AN

Y OF YOUR QU

ERIES, SO PLEASE DON

'T HESITATE TO CALL U

S ON:

+44 (0) 800 772 3200 (UK) OR

+353 (1) 685 2043 (ROI).

IN TH

E MEAN

TIME, H

ERE ARE SOME

ANSW

ERS TO THE QU

ESTIONS OU

R TEAM

OF EXPERTS ARE OFTEN ASKED.

questio

nat a

time

17

Typically, yes. We offer som

e of the most com

petitive rates you w

ill find on the market and they are based on

the value of each individual contract.

ARE CRL'S POLICIES BASED

ON TH

E CONTRACT VALU

E?04

Your CR

L insurance certificate will be issued upon

satisfactory completion of the build.

WH

EN IS M

Y INSU

RANCE

CERTIFICATE ISSUED?

05

CR

L is recognised by 98% of m

ortgage lenders across the U

K and Ireland. W

e are Appointed Representatives of

BC

R Legal G

roup Ltd who are authorised and regulated

by the Financial Conduct Authority. O

ur products are also covered by the Financial Services C

ompensation

Scheme.

HOW

CAN I GU

ARANTEE

CRL'S CREDENTIALS?

06

The benefits of becoming a C

RL m

ember include: C

reditability w

ith your purchasers; Added value information in our M

embers

Area; Monthly updates as a subscriber to our N

ewsletter;

Availability of a Relationship M

anager for free on-going quotes and support in relation to all structural requirem

ents;C

RL B

randing on your site for the comfort of not only your

purchasers but sub-contractors that may w

ork with you;

Availability of promotions throughout the year including free

passes to exhibitions where C

RL are presenting.

WH

AT ARE THE ADVAN

TAGES OF BECOM

ING A CRL M

EMBER?

09

We w

ill arrange a surveyor to be with you at your

earliest possible convenience.

AFTER I HAVE ACCEPTED A QU

OTE FROM

CRL, HOW

LONG W

ILL IT TAKE TO GET A SU

RVEYOR ONTO M

Y SITE?

08

Our efficient team

will aim

to have your quote to you as soon as possible, typically w

ithin 48 hours of submission

of an application.

HOW

LONG W

ILL IT TAKE TO GET A QU

OTE FOR MY STRU

CTURAL

DEFECTS INSU

RANCE POLICY?

07

YOUR QU

ESTIONS AN

SWERED

*Information and data correct at tim

e of print

togeth

eR

stRongeR

WE a

Re

WE DON

'T JUST SAY W

E'RE EXPERTS, WE PROVE IT!

GET INSU

RED AGAINST STRU

CTURAL DEFECTS N

OW

19

WW

W.C-R-L.COM

VISIT

WE ALSO OFFER

ROAD BONDS, DEVELOPER IN

SOLVENCY

AND BU

ILDING CON

TROL EXPERTISE

constRu

ctio

n in

suRa

nce

FoR

the

ven

tuRo

us

of

sPiRit

FIND OU

T MORE

+44 (0) 800 772 3200 (UK)

t

ww

w.c-r-l.com

w

+353 (1) 685 2043 (ROI) t

info@c-r-l.com

e

Find us:

CRLm

anagement

VERSION 07.15