Aqueous launches solicitors’ excess layers product
Managing general agent Aqueous Underwriting has secured A+ rated capacity for solicitors on an excess layer basis only, a move it said responded to broker demand in an “underserviced” market.
The product has limits of up to £5m and the ability to write layers attaching from £2m for partnerships and £3m for limited liability partnerships.
Solicitors’ excess layers will be available for two or more UK partner firms who have fee income up to £5m.
The product also includes total conveyancing of up to 50% with a maximum of 25% from commercial conveyancing.
According to the MGA, the A+ rated capacity will provide brokers with stability and security, while the product will enable them to
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