Aspen targets brokers with property owners' product

Kevin Pallett Aspen

Aspen Risk Management (ARML) has launched a property owners' product designed to give brokers capacity for an estimated maximum loss of up to £75m for any one location.

The offering - which delivers help in dealing with underinsurance - aims to support brokers on both large and small portfolios.

According to ARML, the product reflects its "ongoing commitment" to its broker panel, as well as helping brokers to differentiate themselves in the market.

Kevin Pallett, managing director of ARML, explained: "In a well-served market segment like property owners', insurers will often compete solely on price.

"This product provides cover that is in line with the very

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