A Message from Whit Ward, President/CEO
Bonded Builders Warranty Group
First I want to say “Thank You” to all our builder members, home builder associations and the great team of associates here at Bonded Builders who work every day to make ours the best new home warranty company in the country. I also want to reflect our accomplishments this past year and some of the programs we initiated to help the building industry through these difficult times.
Bonded Builders Insurance Services, a sister company, now offers “A” rated Contractors General Liability Insurance in 16 states and is expanding rapidly. With the combination of BBIS CGL sold through your current insurance agency and our Bonded Builders 10-year warranty, we can now provide the best protection available to builders.
In addition to our standard two- /ten-year warranties, we’ve expanded our Performance and Performance Plus warranty programs to serve builders who prefer to save money by outsourcing their service department responsibilities — and first and second year warranty obligations. Builders who are funding their own 10-year warranty can often transfer their remaining warranty obligations to Bonded Builders for a fraction of the unused warranty reserves and immediately bring the balance into earned income.
We are currently working on several new and innovative warranty products to bring to the market this year. You’ll hear more about them as they near completion, and we would appreciate your suggestions of new products or enhancements to our existing warranty programs as we strive to provide the tools you need moving forward.
Finally, I want to say that Bonded Builders and our parent Bankers Insurance Company continue to be very healthy financially and are committed to meeting the risk management needs of the residential and light commercial builders in North America.
Whit Ward, President