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Iprism develops unoccupied property product

Property and real estate

The MGA said it developed the proposition in anticipation of a spike in empty properties due to post-Covid disruption.

Iprism, a specialist commercial, property, tradesman and high net worth MGA has launched a new Unoccupied Commercial & Residential Property Owners product to address what it predicts will be a spike in unoccupied properties post-lockdown.

The MGA detailed that the offering provides cover for a wide range of commercial properties from heavy industrial buildings to those of non-standard construction and a wide range of perils in addition to the standard fire, including lightning, explosion

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