https://www.thelandsite.co.uk/files/articles/2bc10658f7fb11ea98240afeec538f48/hsb-logo.jpg 334

Premier Guarantee to be Acquired by HSB

Posted by Premier Guarantee on 3rd November 2021 -

title

HSB and Premier Guarantee have announced a deal that will see HSB acquire the scheme administrator of Premier Guarantee, MD Insurance Services. 

This deal, which is subject to regulatory approval, provides Premier Guarantee with the support of one of the most experienced and stable insurance groups.


HSB has had a relationship with Premier Guarantee since 2012, providing specialist Machinery Inherent Defects Insurance to customers.  In 2020, HSB extended its relationship further by becoming Premier Guarantee’s primary insurance capacity provider for warranty schemes. The deal, which is subject to regulatory approval, will see Premier Guarantee become part of HSB.

Who are HSB?

HSB is a specialist engineering and technology insurance, engineering inspection and risk management services provider in the UK and Ireland. HSB is part of the HSB Group, which is a leading global insurance, engineering and technology specialist with over 150 years’ knowledge and expertise in engineering insurance and risk management.  

HSB, itself rated A++ (Superior) by A.M. Best Company, is a member of the Munich Re Group, one of the top providers of reinsurance, primary insurance and insurance related risk solutions in the world. 

Stephen Worrall, Managing Director of HSB commented: “With the same specialist risk management-led underwriting ethos, which is supported by an expert team of surveyors, Premier Guarantee are a complementary fit with HSB. And we’re really looking forward to welcoming them to our HSB family.” 

Gary Devaney, CEO and Chairman of Premier Guarantee stated “This is an exciting development for Premier Guarantee. Over the past 25 years we have grown from covering single homes, to working with the largest house builders and residential projects in the UK. The support of HSB and the Munich Re group will allow us to continue this success story and better support our customers”

If you are a customer and have further questions about the deal, then further information is available here.

 


Piers Durrant

For all your structural warranty and building control needs.

Link to Premier Guarantee business profile

22nd September 2025
From Trade to Timber: How Stronger US–UK Relations Could Fuel a Housebuilding Boom
Explore how stronger US–UK trade relations could spark a housebuilding boom in Britain, lower material costs, boost investment, and fuel growth across the construction sector.
Read more
15th September 2025
From Frustration to Frictionless: How Build Warranty and LDI Tech® Are Reshaping the UK Structural Warranty Landscape
For decades, the UK’s structural warranty sector has been crying out for reform. Homeowners and developers alike have found themselves battling through layers of inefficiency, slow technical processes, and underwhelming customer service.
Read more
10th September 2025
ICW Extends A-rated Structural Warranty offering to Republic of Ireland
ICW has announced that it is extending its services to the Republic of Ireland (RoI) market.
Read more