The vision of the project is to develop an innovative insurance product which will underpin an energy performance warranty for new housing.
Availability of an insurance-backed warranty (at economic cost) will create commercial incentives to design, build and operate houses that perform to specification (reducing or eliminating performance gaps). It will link designers, builders and developers much more closely to customer needs, creating stronger market drivers for innovation, quality and low carbon housing.
It aims to raise standards across the industry. Developers will compete to meet customer performance outcomes (rather than simply building to design standards).