Alps switches landlord book to AmTrust

Published on

Alps has moved its Landlord Legal Expense book to AmTrust International, under a full delegated authority agreement.

Alps is a provider of insurance add-on policies, legal expenses, and claims solutions for intermediaries.

Under the agreement, Alps will have a direct binder with AmTrust and will manage claims via its group law firm, Alps Legal.

The business says the move to AmTrust has enabled it to significantly improve policy wordings with value added enhancements based on its own industry benchmarking and broker research.

This includes:

  • An extension of the breach of tenancy agreement to include anti-social behaviour
  • £100 per day (up to a maximum of £1,000) for court attendance expenses
  • A 45-day claim reporting window
  • Pro-rata refunds for the cancellation of rent protection policies.
LEGAL EXPENSES

The landlord legal expenses policy provides cover for the whole UK, Channel Islands, and Isle of Man, with an indemnity limit of £50,000.

Michelle O’Reilly, Operations Director at Alps (source: LinkedIn)

Michelle O’Reilly, operations director at Alps, said: “Moving our landlords legal expenses book to AmTrust not only gives us more control and oversight over our products, product value, claims, and distribution chain, but it ensures our brokers and policyholders have access to the same tech and service driven experience that our motor customers already enjoy.

“We constantly benchmark ourselves against our competitors as well as the expectations of brokers. Our aim is to deliver the ultimate in fair value and improved outcomes; with the backing of AmTrust we’ve been able to build both a differentiated policy and experience.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Together cuts fixed rates and expands criteria

Specialist lender Together has reduced rates across its fixed-rate product range and announced it...

Bank lending to smaller property investors falls 14%

The value of lending from UK-regulated banks to small and medium-sized property investment businesses...

L&G names winners of 15th Business Quality Awards

Legal & General has announced the winners of its 15th annual Business Quality Awards. The...

MT Finance latest firm to offer World Cup time off

As mortgage firms gear up for England’s 1am World Cup clash against Mexico on...

Broker optimism grows as sub-4% rates edge closer

A series of mortgage rate cuts from lenders this week has sparked optimism among...

Latest publication

Other news

Together cuts fixed rates and expands criteria

Specialist lender Together has reduced rates across its fixed-rate product range and announced it...

Bank lending to smaller property investors falls 14%

The value of lending from UK-regulated banks to small and medium-sized property investment businesses...

L&G names winners of 15th Business Quality Awards

Legal & General has announced the winners of its 15th annual Business Quality Awards. The...