We are very pleased to announce that as part of our strategy for continuous improvement, we are relaunching our Shop – Brit/Ascot product which now also includes Wholesale appetite.
The new look Shop & Wholesale product is suitable for retailers and wholesalers. The ability to write both wholesale and retail risks on one policy is a significant improvement to the overall proposition and broker experience.
Wholesale risks will now benefit from a policy minimum premium of £264 (includes IPT + Fee) compared to the previous minimum of £488 (includes IPT + Fee).
You will now be able to write Wholesalers up to £3,000,000 turnover prior to referral to insurers. (Previously anything above £1m was declined).
The new facility now also benefits from a greater range of Wholesale trades. Please see additional trades below.