HomeBond

Name

HomeBond

Legal name

HomeBond Insurance Services Ltd.

Website

https://homebond.ie

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

HomeBond is Ireland's leading provider of latent defects insurance for new homes since 1978, underwriting through HSB/Munich RE and serving builders, developers, housing bodies, and home buyers with insurance, BER assessments, and building regulations training.

Ownership category

akta.pro rank

Product category

Latent Defects Insurance

NAICS

Pharmacy Benefit Management and Other Third Party Administration of Insurance and Pension Funds (524292), Insurance Carriers and Related Activities (524)

SIC

Services-Miscellaneous Repair Services (7600)

akta.pro primary industry

Home Warranty / Residential Service Contracts (Systems & Appliances) (FSAJALAG)

akta.pro secondary industry

Ancillary/Default Services Management (Property Preservation/Insurance Claims/Inspections) (FSALAEAL)

Keywords

• Latent defects insurance
• Structural defect cover
• Building energy rating
• Building regulations training
• Construction technical inspections

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Latent Defects Insurance Premiums: HomeBond generates revenue through insurance premiums for latent defects cover on new homes. Policies (Essential 300 and Essential 500) provide fixed-price coverage per dwelling with €1,500 excess. The insurance covers loss of deposit, defects insurance, equipment insurance, and structural insurance for various time periods (5, 10, or 12 years). All valid claims are handled by A++ rated underwriter HSB Engineering Insurance Ltd.
2. Building Regulations Training: HomeBond Technical Services Ltd provides building regulations training programs including courses on Building Regulations Explained (BR01), Fire Safety - Technical Guidance Document B (FS01), Part L Conservation of Fuel & Energy (PL01), and Building Defects Analysis (BD01). Training is accredited by Engineers Ireland and Dublin Institute of Technology.
3. Digital Subscriptions (BuildSmart App): Corporate digital subscriptions for the BuildSmart App and eManual are invoiced annually with group rates available according to volume of users.
4. BER and Technical Assessments: BER Assessments, DEAP Calculations, Air Tightness Testing, and Technical Assessments for residential properties.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

HomeBond sells latent defects (structural defect) insurance for new homes in the Republic of Ireland through its Essential 300 and Essential 500 policy documents, covering loss of deposit, defects, mechanical & electrical equipment and structural damage for 5, 10 or 12-year periods. The company also provides BER/DEAP energy assessments, building control site inspections, accredited building regulations training, and the BuildSmart App/eManual digital subscription.

Product overview

HomeBond is a provider of structural defect cover and latent defects insurance for new homes in the Republic of Ireland since 1978. The company's core offering is the Latent Defects Insurance (Essential 300 and Essential 500 policies) providing protection for loss of deposit, defects, mechanical and electrical equipment, and structural damage. This is supported by the BuildSmart App (digital eManual subscription), BER Services (energy assessments and validations), Building Regulations Training Programme, Building Control Services, and the annual Construction Watch Conference. The company has registered over 700,000 dwellings with its warranty and insurance schemes.

Differentiator

Problem solved

Functional benefit

Brands

• BuildSmart App: Digital subscription platform providing access to the House Building Manual eManual, FAQs, ProductCheck, Technical Extra, 3D Viewer, and digital magazines
• HomeBond Insurance
• HomeBond Warranty

Quantifiable outcome

• Over 700,000 homes protected with latent defects insurance
• +2 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• HSB Engineering Insurance LtdcoreOthersHSB Engineering Insurance Ltd is the A++ rated underwriter providing latent defects insurance for HomeBond since 2019. Part of the Munich RE Group, HSB handles all valid claims falling within the scope of cover for HomeBond's Essential 300 and Essential 500 policy documents.
• Allianz p.l.cminorOthersAllianz p.l.c was the previous insurer for HomeBond latent defects insurance from 2008 to 2019. Allianz is regulated by the Central Bank of Ireland (registered no. 143108) and provides the underlying insurance capacity for HomeBond policies during this period.
• ArachascoreChannel Partner/ Reseller/ DistributorArachas is Ireland's largest nationwide insurance broker and arranges HomeBond Insurance products. The broker delivers innovative products and exceptional service with over 50 years of experience, providing distribution reach for HomeBond's latent defects insurance.
• Munich RE GroupcoreOthersMunich RE Group is a leading provider of reinsurance, primary insurance, and insurance-related risk solutions worldwide. HSB Engineering Insurance Ltd, which underwrites HomeBond insurance since 2019, is part of Munich RE Group.
• Sustainable Energy Authority Ireland (SEAI)coreStrategic or Co-development PartnerHomeBond assessors and technical advisors are registered with SEAI for conducting BER assessments and energy compliance services. SEAI certification supports HomeBond's ability to deliver official Building Energy Rating assessments.
• National Standards Authority of Ireland (NSAI)coreStrategic or Co-development PartnerHomeBond assessors are registered with NSAI. HomeBond's Conor Taaffe is a member of NSAI's working groups on aggregates, masonry, timber construction, and building services, contributing to standards development in the Irish construction industry.
• Engineers IrelandcoreStrategic or Co-development PartnerHomeBond's Building Regulations Explained course is accredited by Engineers Ireland. HomeBond assessors are registered with Engineers Ireland, and the company contributes to professional standards in the construction sector.
• Technological University Dublin (TU Dublin)coreStrategic or Co-development PartnerTU Dublin provides accreditation for HomeBond's Building Regulations Explained FETAC Level 6 training course. TU Dublin is a leader in STEM disciplines and the largest provider of part-time education in Ireland.
• Society of Chartered Surveyors Ireland (SCSI)coreStrategic or Co-development PartnerHomeBond assessors are registered with SCSI, enabling the company to provide technical assessments aligned with chartered surveying standards.
• Chartered Institute of Building (CIOB)coreStrategic or Co-development PartnerHomeBond assessors are registered with CIOB, supporting the company's technical standards in building control and construction quality assurance.
• Irish Green Building Council (IGBC)coreStrategic or Co-development PartnerHomeBond assessors are registered with IGBC, supporting delivery of sustainable building practices and green building compliance services.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Build-Zone: UK structural warranty provider offering latent defects insurance for new homes and conversions, closely mirroring HomeBond's product scope across structural, deposit, and equipment cover.
• LABC Warranty: UK new-home warranty provider offering structural warranties and building control services, comparable to HomeBond in combining inspections, insurance, and standards-based assurance.
• NHBC (National House-Building Council): The UK's market-leading new-home warranty and insurance provider, offering a near-identical latent defects / structural warranty product as HomeBond. Both operate registration, inspection and certification models for residential construction.
• CRL (Construction Risk Solutions): UK provider of structural warranties and latent defects insurance for residential developments, a direct alternative to HomeBond's cover for builders and developers in the British Isles market.
• Premier Guarantee: UK-based provider of latent defects insurance and structural warranties for new-build residential developments, directly comparable to HomeBond's Essential 300/500 policies in product design and target customer (builders and developers).

Broad incumbents

• Allianz: Global insurer that previously underwrote HomeBond's latent defects book from 2008 to 2019 and offers broad property/casualty and construction insurance lines worldwide. Overlaps with HomeBond as a multi-line incumbent in construction insurance.
• Zurich Insurance: Global insurer with construction and engineering lines including latent defects cover; competes broadly with HomeBond in property and engineering insurance across multiple markets rather than specializing in a single jurisdiction.

Others

• HSB Engineering Insurance Ltd: A++ rated specialty engineering insurer and HomeBond's exclusive underwriter since 2019 (part of Munich RE Group). Closely coupled commercially to HomeBond but operates as a capacity provider rather than a retail warranty brand.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/homebondtweets
• LinkedInlinkedin.com/company/homebond-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HomeBond