Willis claims UK first with launch of Shariah Compliant real estate insurance
New product is underwritten by Cobalt Underwriting and backed by QBE and XL.
Willis has claimed to have launched the UK's first Shariah compliant commercial real estate insurance product.
The broker stated that the move came in response to growing demand from property investors for insurance cover that is compliant with Islamic law.
It detailed that the cover, which offers real estate investors and companies access to insurance that is compliant with the principles of Shariah law, is underwritten by Cobalt Underwriting, a specialist insurance and reinsurance underwriting
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.
You are currently unable to print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Cost-of-living crisis pushes up premium finance demand
- Ardonagh strikes A$2.3bn PSC deal
- Acrisure expands in southern England with two buys