RSA to underwrite Cavere Home insurance product

Published on

rsa

RSA has been appointed as the sole underwriter for Cavere Home insurance products.

The products will be available to brokers from January 2015 via Cavere’s Magenta platform, which provides online quotes and applications for intermediaries.

Cavere Home offers cover up to £1 million sum insured for buildings and up to £75,000 for contents and is
quoted on a bedroom basis.

Tim Wright, director of broker, RSA Personal Lines, said: “RSA is particularly excited to be announcing this new relationship with Cavere. We’ve been very impressed by the speed and agility they have displayed in launching the product to market in a matter of weeks. A key part of our strategy is to work with chosen partners where we have shared objectives and ambitions for sustainable profitable growth and we’re looking forward to extending our partnership further in the future.”

Paul Thompson, managing director, Cavere Insurance, added: “We are delighted to be working with RSA as we develop our intermediary proposition. Combining RSA’s wealth of underwriting experience with the efficiency of Cavere’s Magenta platform allows us to deliver a market leading, highly competitive and high quality product to intermediaries and their clients.

“Our mission is to become the provider of choice for Insurers and Intermediaries, this partnership takes us a huge step forward on this path and I very much look forward to working with the team in the years to come.”

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.

[tds_create_account btn_bg_h="#000000" f_text_font_family="global-2_global" show_version="" tdc_css="eyJhbGwiOnsiYm9yZGVyLXJhZGl1cyI6IjUiLCJkaXNwbGF5IjoiIn19"]

Latest articles

Target Group posts record client satisfaction score

Target Group has reported its highest client satisfaction score to date, six months after...

Four-month fall in sales agreed signals weaker mortgage market

Mortgage lenders face a potentially weaker final quarter after property sales agreed fell by...

HSBC to raise residential and buy-to-let mortgage rates

HSBC UK is increasing mortgage rates across much of its residential and buy-to-let range...

Cumberland expands school money workshops into second year

The Cumberland Building Society is extending its financial education programme for primary school children...

Prime London price falls could narrow the gap for aspiring home movers

Falling values at the top of the housing market could give some established homeowners...

Latest publication

Other news

Target Group posts record client satisfaction score

Target Group has reported its highest client satisfaction score to date, six months after...

Four-month fall in sales agreed signals weaker mortgage market

Mortgage lenders face a potentially weaker final quarter after property sales agreed fell by...

HSBC to raise residential and buy-to-let mortgage rates

HSBC UK is increasing mortgage rates across much of its residential and buy-to-let range...