Plum fills MNW home insurance gap in product offering
Plum Underwriting has launched a new mid net worth (MNW) home insurance product with capacity from Lloyd’s.
The product, Amethyst, is a worldwide all risks policy, and was designed using feedback from Plum’s supporting brokers.
David Whitaker, managing director at Plum, said the price of the product would meet the expectations of brokers and their most demanding clients.
He claimed that the underwriting agency was “re-focusing and refreshing” its MNW offering, and explained that Amethyst addressed a gap in the company’s product offering.
Mr Whitaker commented: “At a time when home insurance is
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