Cox relaunches its enhanced Portfolio.

Cox Underwriting has relaunched its high net worth Portfolio policy. The enhanced product is warr...

Cox Underwriting has relaunched its high net worth Portfolio
policy.


The enhanced product is warranty-free and is offered on a worldwide all
risks basis.


Portfolio has a minimum sum insured of £200,000 on buildings and £75,000
for contents. Special features include: free annual travel cover, free
motor breakdown cover in Britain and Europe and free family legal
protection cover of £50,000.


There are also premium reductions of up to 40% if the policyholder agrees
to increase the £100 standard excess

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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