Commercial Express rolls out PL excess of loss cover
Commercial Express has launched public and product liability excess of loss cover aimed at SMEs with turnover of less than £15m, and separately revealed a new partnership with Brit.
The managing general agent detailed the policy, which provides an additional layer of cover on top of the limit set by a primary insurer, is available to nearly 300 trades with premiums starting at £200.
The product is underwritten by Ascot Syndicate 1414 at Lloyds and offers three levels of cover up to £5m. However, the MGA highlighted that more than one policy can be bought, allowing brokers to deliver layered cover up to the required limit.
Primary layer insurers must be UK regulated with a
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