APC looks to support smaller brokers with product limit rises

Andrew Pearce
29 May 2013

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The commercial insurance underwriting agency confirmed that limits on the majority of its public and products liability risks had been pushed up to £10m, with property risks limits increased to £50m.

APC said the rises will "eradicate the need for brokers to duplicate their workloads" in order to get a second excess of loss policy to supplement the industry's £2m or £5m products.

The agency's director, Ian Russell, said: "Many of our brokers are competing against rivals many times their size to

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