Product review: Tradesman product wins on price

review

The products reviewed here are rated from one to five by brokers, based on the policy's key benefits.

* - Poor
** - Average
*** - Good
**** - Very good
***** - Excellent

Product
Optima Trade Plus

Underwriter
Groupama Insurances

Commission paid
Variable commission offered from nil to 30%

Coverage
Public liability, employers' liability, property all risks, business interruption, contract works, plant and personal accident.

Minimum premium
None

Excess
Differs depending on cover

Contact
Malcolm Smith, commercial lines director
Email: malcolm.smith@groupama.co.uk
Tel: 020 7264 2815

• Key benefits
• Cover for part

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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