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AHCI ramps up amid construction boom

AHCI ramps up amid construction boom | Insurance Business

AHCI ramps up amid construction boom

Greater market demand means further business growth for structural defects warranty specialist Advantage Home Construction Insurance (AHCI).

“The number of new homes built in Birmingham over the last three years has exceeded the annual targets set by government by 108%, and the Advantage team has been working closely with housing associations, self-builders, and developers nationwide to support their clients in the city,” noted the Warrington-headquartered firm, whose Birmingham office at Pacific House (pictured) in Tamworth opened in 2016.

According to AHCI, Birmingham is posting its highest level of construction in a decade. To keep up, the enterprise recently augmented its roster of surveyors and will be adding more sales executives to its workforce.

“We have lots of new customers coming onboard and the business is growing following a busy year for us,” noted regional manager Steve Loveridge. “We’re taking on more staff to meet the growing demand for our services.”

AHCI covers both commercial and residential properties, with projects ranging in scale from individual one-off houses to developments with a build cost in excess of £50 million. It works with intermediaries such as insurance brokers and financial advisors.

The Tamworth office caters to both the East and West Midlands.

“There’s a high volume of construction and development projects taking place throughout the Midlands and it made sense for us to capture this huge market, offering warranties for both new build and refurbishment schemes,” said sales director David Sumner.

“With the guidance of industry specialist Steve Loveridge, our newest members of the team have been making a strong contribution to the business and we’ll be recruiting more full-time members of staff this month.”