Biba adds escape of water tech system, Waterlock, to schemes

leak

Magenta Insurance, which is part of inet3 Group, has announced its Waterlock system is now available to brokers through schemes provided by the British Insurance Brokers’ Association (Biba).

The technology, developed with Cambridge-based Green Energy Options (GEO), can be offered to clients by brokers via the recently launched Escape of Water (EOW) and Residential Distressed Risk schemes.

According to Biba, customers will benefit from a premium discount given especially for homes that have

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: