Berkeley Alexander expands household panel

Published on

General insurance provider Berkeley Alexander has announced that Integra Insurance Solutions and Ark have both joined its household panel, adding an additional four new products to its portfolio.

The pair join Berkeley Alexander’s existing panel which already provides choice for standard as well as non-standard insurance in the market, including insurers from company markets including Covea, AXA, Ageas, Allianz and Aviva.

Ark is launching on Berkeley Alexander’s panel with two products underwritten by New India Assurance. Ark Home Silver is a bedroom-rated policy with notional sums insured up to £1 million and contents up to £100,000. Ark Home Guard offers up to £650,000 of buildings cover and £65,000 of contents.

Integra’s products, underwritten by A rated Accredited Insurance (Europe) Ltd, are Integra Nidus, a sums insured product delivering up to £50,000 contents, and Integra Nidus Plus, a bedroom-rated policy offering up to £1 million buildings cover and up to £75,000 contents.

Geoff Hall, chairman of Berkeley Alexander, said: “This is a real coup for Berkeley Alexander, at a time when some providers are struggling as a result of the capacity crunch. Working with MGAs in addition to our broad panel of company market insurers means we can maintain our nimble approach – expanding our offering to deliver more choice to intermediaries and securing capacity opportunities where others can’t.

“Our approach on household has always been to provide a panel that allows brokers to advise based primarily on product rather than just on price, and have a value-led, outcome-driven conversation with their clients.

“This is just the start; our panel continues to expand, and we continue to attract attention from insurers and carriers looking for a reliable and innovative distribution partner.”

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

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...

Heron Financial launches AI training cohort and ethics committee

Heron Financial has launched an artificial intelligence training programme for staff alongside the creation...

Lenders still holding back SME acquisitions, survey finds

Commercial brokers continue to face limited options from lenders when it comes to funding...

Latest publication

Other news

Mortgage industry rallies behind Christmas charity concert

Momentum is building fast behind this year’s Christmas charity concert in aid of EveryYouth...

First-time buyers put at the heart of Treasury mortgage talks

The government will urge lenders to put first-time buyers at the top of their...

Target urges lenders to treat mortgage servicing as a strategic asset

Target Group has called on mortgage lenders to rethink their approach to servicing, arguing...