Insurance services
Enhancing building safety with Latent Defects Insurance (LDI) and strengthening façade assurance with Insurance Backed Guarantees (IBGs)
A holistic view of construction safety, reducing liabilities and enhancing transparency
As part of our commitment to whole-life building assurance, BB7 Risk Advisory offers Latent Defects Insurance (LDI), a valuable addition that complements our core fire and façade engineering expertise. LDI provides an added layer of protection throughout a building’s lifecycle, helping clients manage risk with greater clarity and long-term confidence.
We also are able to offer Insurance Backed Guarantees (IBGs) into our façade engineering services to support robust risk management and dependable performance assurance. By incorporating IBGs into our offering, we give clients increased certainty around installation quality and system performance.
Talk to our expert
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Michael Halfpenny
Director of Insurance Services
Michael Halfpenny
Director of Insurance Services
experience
11+ Years Experience
specialism
Client Engagement, Insurance, Management
Michael Halfpenny
Director of Insurance Services
Michael joined BB7 at the beginning of 2025 as Director of Insurance Services, bringing over a decade of B2B experience, including the past six years within the construction industry.
He has extensive expertise in managing Latent Defects Insurance (LDI) and Insurance Backed Guarantee (IBG) requirements for developers, contractors, and housing associations across the UK. To date, he has overseen insurance cover in excess of £1.5 billion on projects spanning residential, social housing, and commercial sectors.
Michael leads our insurance services division, supporting clients through their construction journey by ensuring the right insurance solutions are in place.
Outside of work, Michael can often be found on the golf course, completing home DIY projects, or spending valuable time with his young family.
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Faye Patrick
Underwriting Director
Faye Patrick
Underwriting Director
Qualifications
BA (Hons)
experience
15+ Years Experience
specialism
Latent Defects Insurance, Insurance Backed Guarantees
Faye Patrick
Underwriting Director
Faye is an insurance professional with a BA (Hons) Financial Services degree, supported with 15 years underwriting experience. She has worked for recognised global insurers such as Zurich and CNA Hardy, specialising in Latent Defect Insurance and Insurance Backed Guarantees for the past decade.
Faye is dedicated to implementing compliant underwriting at competitive premiums whilst achieving positive loss ratios for insurers. She is committed to delivering complementary insurance products alongside the company’s current offering, expanding upon the existing client base and market reach.
Phone
+44 (0) 203 603 5535
Contact us
Insurance services
- Latent Defects Insurance
- Insurance Backed Guarantee
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Latent Defects Insurance
Latent Defects Insurance (LDI) offers long-term protection by covering the cost of repairing defects in residential, social housing and commercial developments.
Find out more →
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Insurance Backed Guarantee
An Insurance Backed Guarantee (IBG) is a specialist form of protection that safeguards you if your contractor ceases to trade, ensuring defects can still be addressed under the policy.
Find out more →
Latent Defects Insurance (LDI) offers long-term protection by covering the cost of repairing defects in residential, social housing and commercial developments.
Find out more →
An Insurance Backed Guarantee (IBG) is a specialist form of protection that safeguards you if your contractor ceases to trade, ensuring defects can still be addressed under the policy.
Find out more →
Who we've helped
At BB7, we are committed to helping clients navigate the evolving landscape of building safety, compliance, and long-term performance.
What project are you working on?
We design safe buildings and manage risk while bringing your architectural vision to life. Let’s work together.