A Success Story in the Property Reinstatement Sector
Sometimes it takes driven and professional individuals to enter into an established business sector to make changes for the better. Often this shakes up the industry and sets a new higher standard, that customers really benefit from, so the new business thrives and grows, winning significant market share in a relatively short time.
Such is the case with Paradigm Reinstatements which was founded in 2013 by David Hunt and Colin Macdonald. It is a specialist building restoration company that entered the property reinstatement market with a new approach. This has brought benefits to loss adjusters and their insurance companies as well as to property owners who have suffered flood, fire and water damage who need fast and professional building repairs.
David and Colin created a ‘paradigm shift’ (hence the name of the company) when it comes to reinstatement projects. Some reinstatement companies, in the past, may have been sorely tempted to overstate the extent of the damage and so would be tempted to present a higher quotation than actually required. This means that loss adjusters had to ensure they would need to be mindful of this and ‘pull the reigns in’ on some property repair quotations so the property insurance companies were not paying out too much. Insurance companies need to mitigate the loss to what is actually insured in the policy.
A New Approach
Paradigm Reinstatement’s approach was to absolutely ensure that the building reinstatement was thorough and fairly priced at all times. This means that they would build trust with loss adjusters and also ensure their building restoration projects are accurately assessed and appropriate, so the property owners are satisfied too.
This new approach came about when David (a retired policeman with 15 years service) and Colin (a former insurance loss adjuster with 15 years in the insurance industry) became friends and talked about starting a building restoration contractor business together based on cost accuracy and building trust with insurance companies. This combination of David’s integrity and Colin’s deep understanding of what loss adjusters look for was the backbone of Paradigm Reinstatement’s business policy. The very name ‘loss adjuster’ explains the key role of these insurance company representatives. They are there to keep the quotations appropriate and true to the need, so mitigating the loss to the insurance companies. It therefore makes absolutely good business sense for loss adjusters to trust David and Colin at Paradigm, as it is more likely they would be appointed as the insurance restoration contractor.
Since the company was formed, Paradigm Reinstatements has already dealt with over 2000 building restoration projects and is now regarded and one of the leading specialist property reinstatement companies in the UK. The success has been rapid and extensive and has set a high standard in the industry.
Their primary role is restoring homes and offices that have suffered flood damage, water damage, or fire damage with the associated smoke clean up that is usually required.
How Paradigm Can Help You
Based in Central Scotland, Paradigm Reinstatements has worked hard to gain a reputation that makes them really stand out in their sector. Paradigm ensures any property owner that suffers from any form of property damage can rest assured that they are in safe hands when it comes to reinstating water or fire damaged properties. More recently Paradigm has become a leading UK expert in water leak trace and access, using state of the art leak detection equipment that pinpoints the leak location quickly and accurately, ensuring fast repairs as minimum disruption and cost.
