BUILDERS PROTECTION GROUP LLC (BPG)
FULL-SPECTRUM SOLUTIONS TO TODAY’S BUILDING INDUSTRY
Real Estate Banker & Investor Services
Aimed primarily at financial institutions, receivers, and private investors, BPG’s distressed property services are designed to help manage the unique liabilities inherent in residential real estate development when completed or partially-completed projects change ownership. In many cases, the standard risks of construction are amplified by the possible lack of continuity in construction management and/or the dissolution of customer service programs when projects change hands. BPG can help financial institutions understand the status of a project and then develop a customized program to manage the risks, primarily from construction defect claims, or implement a program that will make the marketing of the project easier by alleviating some of the risks faced by potential buyers.
BPG can assess the project’s current status through inspections, construction, and due diligence assessments. BPG can then implement a homeowner care program that includes homeowner turnovers, punch list management, limited warranty and manuals, and post-sale customer service. For projects that are still under construction, BPG can work with insurance carriers and brokers to administer a new OCIP wrap program where a change in ownership may have caused insurance policies that were in place to have lapsed.
Our complete package includes:
– OCIP wrap insurance administration
– Quality control programs
– Plan review
– Field observation and inspection
– Photo documentation
– Outsourced homeowner customer service
– Limited warranty with manual design/preparation
This offering is customized to the needs of each particular project based on the stage of the project, the status of insurance coverage, and the goals of the project’s current owners.
Your satisfaction is our highest priority
For years, Builders Protection Group has worked hard for Developers by helping to protect their projects through proven risk management strategies, specialized field inspection services, and risk transference vehicles.
Insurance Brokers Services
The Construction Insurance Professionals in today’s market are a highly trained and specialized breed. It takes a very special mix of talents and education to be able to offer the right insurance solution for the complex projects being constructed all over the country.
Real Estate Banker / Investor Services
Aimed primarily at financial institutions, receivers and private investors, BPG’s distressed property services are designed to help manage the unique liabilities inherent in residential real estate development when completed or partially-completed projects change ownership.
Insurance Carriers Services
BPG has proven to be a valuable asset to today’s Insurance Carriers in the OCIP, CCIP, and other construction insurance markets. As the most well-rounded consulting resource available today, BPG has enjoyed bringing a unique perspective to the Carriers with which we work.