Happy New Year

Posted by:

Whit Ward

Whit Ward, President/CEO

By Whit Ward, President/CEO
Bonded Builders Warranty Group

As we enter the new year I want to take a minute to say thank you to all our builder members, home builders associations and the first-class group of professionals who wear the Bonded Builders Warranty Group logo… These are the folks on the “front lines” who make BBWG the best new home warranty company in the business. I also want to reflect on the past year.

We accomplished a lot in a year that was not good for the home building industry.

Our parent company, Bankers Insurance Group, presented us with the Chairman’s “Impact” award for crisis management during this downturn.

In presenting the award, Chairman Bob Menke commended BBWG for its foresight in creating new and innovative programs that helped us remain profitable during the worst housing downturn on record.

In 2010 Bankers successfully created an “A-rated” Contractors General Liability insurance product that is now available in 15 states. It will soon be available in all states.

The insurance is sold by your approved local insurance agency through our affiliated wholesaler Bonded Builders Insurance Services. BBIS also offers Builders Risk, Homeowners and Building Owners — along with various other builder-related insurance products.

I expect 2011 to be another challenging year for the homebuilding industry; but Bonded Builders is committed to continue growing the numbers of builders in our program and expand our specialty programs so that we are poised to become the largest new home warranty company in America.

We will accomplish this goal by continuing to provide the best warranty and the best service in the industry. Our significant reserves will allow us to add more Sales and Marketing Directors and remain open to purchasing other warranty companies that may become available.

Finally, I was honored and humbled to be inducted into the Florida Housing Hall of Fame at the Florida Home Builders Annual Meeting in October.

Thank you for making the United States the best housed nation in the history of the world.