Arkel expands landlord insurance access

Published on

Arkel has added its Landlords Let Property insurance product, Premier Let, to the OpenGI (OGI) trading platform.

The integration, which has been supported by e-Zee Insurance Solutions, broadens Arkel’s distribution channels, allowing all OGI brokers to access its Landlords Let Property product.

Arkel, part of the Atec Group, already has its Non-Standard Household product, ‘Adapt’ available on OGI.

HARDER RISKS

flood risk solution

Akel’s Landlord book includes landlords’ building insurance, loss of income, contents, and property owners’ liability up to £2 million. The product offers brokers a responsive solution, backed by A-rated capacity, for non-standard and harder to place risks – including atypical construction, occupancy, flood, and subsidence risks – directly via the platform.

As well as OGI, Arkel’s Let product is already hosted on several bespoke platforms and Applied Systems. It expects to go live with its Let Property products via other major distribution partners, including other software houses, later this year.

“Going live on the OGI trading platform assists us in our mission to take the complexity out of specialist insurance”

Kris Lee, chief underwriting officer at Arkel, said: “We’re excited to add OGI to our growing list of distribution partners. Going live on the OGI trading platform assists us in our mission to take the complexity out of specialist insurance. We’re making it as easy as possible for brokers to quote and bind our market leading Let Property products, and therefore retain our first-choice reputation in the market.”

Simon Macray, director of insurer relations at OGI, added: “The addition of Premier Let by Arkel offers even more choice and flexibility to our brokers across our broking platforms. Our ultimate aim is to empower brokers to write more and better quality business and to improve the lives of anyone using insurance products. Arkel is an innovative MGA and we are pleased to support them to broaden their reach.”

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

Growth in mortgage and rent spending slows as buyers brace for higher repayments

Growth in consumer spending on mortgages and rent slowed for the third consecutive month...

Mortgage Guarantee Scheme to be made permanent

The government’s latest Spending Review has confirmed the Mortgage Guarantee Scheme is set to...

Soaring house prices put childhood towns beyond reach for many Brits

The dream of returning to one’s childhood hometown is slipping out of reach for...

Black & White Bridging expands broker breakfast events nationwide

Black & White Bridging is rolling out its ‘Breakfast for Brokers’ networking series across...

Time Finance expands invoice finance division with senior SE hire

Time Finance has appointed Paul Rice as business development manager within its invoice finance...

Latest opinions

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Richard Pike: Day two from the Global ABS Conference in Barcelona

We’re just coming to an end of day two at the Global ABS conference....

Service isn’t just a ‘nice-to-have’ – it is the product

Have you ever had a decent meal in a restaurant ruined by slow service...

Richard Pike: our reporter-at-large at Barcelona APS conference

The Global Asset Backed Securities (ABS) conference starts today at the International Convention Centre,...

Other news

Open banking and smart data transformed finance – now it’s time to do the same for property

The UK is set for a 'smart data' revolution, a revolution which began with...

Growth in mortgage and rent spending slows as buyers brace for higher repayments

Growth in consumer spending on mortgages and rent slowed for the third consecutive month...

Mortgage Guarantee Scheme to be made permanent

The government’s latest Spending Review has confirmed the Mortgage Guarantee Scheme is set to...