Insurance Backed Guarantees

Insurance Backed Guarantees provide essential protection for completed works by offering an insurance policy that backs a contractor’s written guarantee. In the event the contractor is unable to honour their guarantee—due to insolvency or business closure—the IBG ensures the client still has recourse to claim for valid defects.

At CADIS MGA, we specialise in providing IBGs to support contractors and developers in offering added assurance to their clients. These policies are commonly used for refurbishment, remedial, or specialist works, and are a valuable tool for increasing trust and credibility in competitive markets.

Distributed Exclusively Through Brokers

We do not deal directly with end clients. All our Insurance Backed Guarantee products are distributed exclusively through appointed brokers with established agreements. This ensures professional guidance and appropriate cover tailored to each project’s needs.

An Insurance Backed Guarantee offers peace of mind—protecting your client even if the original contractor is no longer in business.

Our underwriting team works closely with our brokers to assess risk and structure cover efficiently and fairly. We support both one-off projects and ongoing schemes with flexible solutions to suit your client base.