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


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

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