We’re excited to welcome Carbon to the Commercial Express panel, launching two refreshed schemes – Commercial Property Owners (CPO) and Residential Property Owners (RPO). Carbon replaces CPO Ascot and RPO Let Assured, bringing A-rated capacity, wider appetite, competitive rates, and a smoother broker journey.
Carbon CPO – Key Benefits
- Total Sum Insured Limits – Occupied risks now up to £4,000,000 sum insured, (Grade II Listed and unoccupied £2,000,000).
- Higher Authority – Auto-quote on Buildings Sum Insured up to £3,000,000, Contents up to £150,000 and Glass up to £30,000 cover.
- More Competitive Rating – New NCD scale up to 25% for 5+ years claims free. Improved rates for Restaurant & Takeaways and Unoccupied Properties. Crime/Arson and reduced theft excess loadings removed. Improved rates for Loss of Rent cover.
- Fewer Referrals – Rule changes to auto quote in more instances, as opposed to Refer to Underwriter.
- Expanded Trade Appetite – now includes Unoccupied Properties, Restaurants & Takeaways, Hotels & Guest Houses (ex Asylum), Private Schools/ Colleges, Athletic & Sports Clubs, Sun Bed Salons, Care Homes, plus more.
- Property Owners Liability – Included at £2,000,000 Limit of Indemnity. Options to increase up to £10,000,000.
- New Policy Wording – Simplified & updated wording more suited to meeting the needs of the target market with clearer & more relevant policy definitions, limits, conditions, extensions & exclusions.
Carbon Let Assured RPO – Standout Features
- Up to £4,000,000 Buildings Sum Insured.
- Acceptable Tenancy Types: Professionals, Students, DSS (Referral & Non-Referral), Asylum Seekers, and Properties Temporarily Unoccupied (<5 years).
- Insured Residential Status – Overseas Domicile acceptable (*subjectivities apply*).
- Accidental Damage cover is available for all Occupied Tenancy Types.
- Automatic Loss of Rent up to 20% of Buildings Sum Insured. Uplift in the sum insured available.
- Free £5,000 contents cover when occupied.
- Property Owners Liability – Included at £2,000,000 Limit of Indemnity. Options to increase up to £5,000,000.
Our Partnership with Carbon
We’re proud to be one of a select few MGAs in the UK to partner with Carbon. Their A-rated capacity, principally written through Syndicate 4747 at Lloyd’s, brings innovation, transparency, and deep market insight to support our brokers. Carbon brings a forward-thinking approach as an Underwriting and Data-Led Insurer, leveraging advanced technology.
Carbon’s Underwriter, Claire Turner, said:
“Carbon has been truly impressed by Commercial Express, their drive, their people, and their passion for delivering real value to their clients. Their proactive approach in the UK market space sets them apart, and we’re excited to build on this together.
Through our strong strategic partnership, we’ll enhance their ability to make agile, informed decisions by combining the innovation and transparency of our data platform, Graphene, alongside their tailored underwriting approach. Together, we’ll drive growth, share success, and move forward with confidence.”
With Carbon now powering both CPO and RPO Let Assured, you’ll enjoy more flexibility, fewer barriers, and greater opportunities when placing business with Commercial Express.
