Home Warranty Insurance Update
As the specialist in insurance to the building and construction industry MBA Insurance Services
(MBAIS) has been at the forefront of negotiations with the insurance market
following the announced withdrawal of Lumley General and CGU Insurance from the
builders home warranty market.
Clients of MBAIS and
MBA Members currently insured through either Lumley or CGU for builders home
warranty insurance are encouraged to read the following important notes
regarding the process of transferring eligibility to an alternative provider.
MBAIS is pleased to
advise that it has successfully completed a transfer of builders who have
current eligibility with either Lumley or CGU with retention of existing limits
and a similar premium pricing category where defined insurer requirements are
met.
Existing clients
will receive a letter within the next 14 days addressing their specific
circumstances. If you have any questions about the contents of the letter or process to transfer eligibility please contact us on 1800 645 455.
MBA Members and the
general public that do not presently use MBA Insurance Services but are
experiencing difficulty obtaining home warranty eligibility can either;
Call 1800
150 888 or 1300 780 095 (NSW only) to discuss their situation
or
Complete the Letter
of Appointment and standard MBA Builders Home Warranty
Eligibility Application Form and
return them to our Offices.