Trade body teams up with Insure Apps on new InsurTech offering with aim to reduce claims reporting time and costs.
Products include cover for airline failure, supplier failure and terrorism.
Product is aimed at SMEs with average premium under £10,000.
Insurer states it made updates to meet broker feedback.
The service assesses sums insured and indemnity period.
The changes will see additional cover and enhancements.
Tokio Marine HCC Management Liability
The addition offers to source a replacement vehicle for brokers’ customers in the event of total loss.
The MGA has teamed up with Lloyd’s insurer Atrium Underwriting to provide the cover.
Adrian Coupland says SSP Broking is the result of years of development.
The product is designed for individual and small chains of shops and salons.
Adrian Coupland says offering is the first of a number of new developments.
According to the insurer the policy offers treatments not available on the NHS or in the UK at international medical facilities.
Van Driver Plus is a combination of three current products Auto Replace, Tools in Transit and Sole Trader Legal expenses.
The software house is making Equifax checks available via its fraud validation platform.
New offering includes a £1m public liability clean-up cost cover as standard and up to £10,000 for recalibration of damaged production equipment.
The Lloyd’s broker said other brokers would be able to white label the scheme which is backed by A rated cover.
Pen says product aims to help brokers win and retain business in competitive and challenging market.
Insurer expands offering into new class of business.
The insurer said brokers can get quotes in four steps for various management liabilities.
Product to be wholesaled to brokers and distributed direct to commercial clients.
Product targets freelance professionals and start-ups, as well as larger media businesses.
New offering can cover employers’, public and product liability.
The capacity has been increased to £118m from £79m.