APC looks to support smaller brokers with product limit rises
APC has increased the limits on a number of its products in a bid to help smaller brokers win bigger clients.
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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