Products round-up: Offerings ramp up for Biba

biba-2016-mock-up

The British Insurance Brokers’ Association conference is a notable opportunity for insurers to launch new products to wow brokers and secure business.

The run-up to the event has been far from quiet with numerous new offerings coming on to the market from both providers and wholesale brokers.

Unicorn Underwriting’s first move was to secure capacity backing from Berkshire Hathaway International. It then teamed up with THB to bring a UK motor fleet offering to brokers.

Meanwhile NCI looked to expand its portfolio with the addition of an equine product to its stable of animal-related policies.

Home & Legacy refreshed its household product

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New research from analyst Broker Insights shows there is plenty of commercial policy movement – particularly in lower premium classes – which indicates strong competition and adequate capacity. But do brokers agree? Rachel Gordon reports.

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