We are delighted to announce the launch of our new Commercial Property Owners scheme exclusively distributed to Commercial Express brokers.
Underwritten by Argo and Covéa, this property owners insurance is targeted at small to medium sized commercial and industrial properties. The scheme, is both competitively priced and promises to offer “broad and dependable” cover for all risks.
“We are delighted to be able to offer our brokers a bespoke scheme for commercial and industrial property owners,” stated Mark Humphreys, Underwriting Development Manager, Commercial Express. “The appetite for this new scheme is totally different to our current facilities, using a different rating structure and a new postcode matrix, it will mean brokers will find some trades in their local area very competitive. At the same time we will be looking to target larger risks”
We are particularly competitive for Offices, Public Houses, Pizza Takeaways, Restaurants, Beauty Salons, Hairdressers, Clothing Retailer, Motor Garages & Lock Up’s, Supermarkets and many different types of Manufacturing and distribution Warehouses. This excludes any risks where the property is temporality vacated due to the COVID-19 pandemic.
The policy coverage benefits from: Removal of Tenants Debris up to £25,000, Adjacent Property Cover up to £150,000, Loss of Keys up to £15,000, Utilities cover up to £25,000, Loss of Attraction up to £250,000, Prevention of Access up to £1,000,000 and £10,000,000 EL cover included as standard.