Products: UK General broadens tradesman product

Tradesman

UK General has been celebrating the signing of a new capacity deal with MMA to broaden its tradesman’s liability offering. The development is the latest step in the company’s strategy of growing its commercial product set following its capacity deal in June with Catlin on high risk product liability.

The insurer already had an online per capita style product for tradesmen, which covered public and employer liability along with tools, but said the new deal allowed it to sub- delegate this capacity on a scheme basis for its brokers.

Karen Beales, technical director at UK General explained: “This allows brokers to transact the product on their own systems, bespoke the product or even white label it for their own business or an affinity. We believe it will prove popular with our brokers and our

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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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