OIM division launches new product on PowerPlace

Athur J Gallagher’s e-trading underwriting unit has launched its first property owners product on PowerPlace.

e-Undewriting, a division of OIM, has launched a number of home and commercial products since it launched last year.

The latest product is aimed at residential let properties. It has a wide underwriting footprint to include non-standard risks spanning professional, DSS, student, asylum seeker and unoccupied rented properties.

The capacity is provided by Legal & General and is aimed at risks with premiums between £100 and £1,000.

Director Scott Banks said: “Online distribution has an increasingly important part to play in the SME trading landscape and we look forward to working closely with PowerPlace to help support the broking community.”

PowerPlace chief executive Nick Giddings said: “It is very exciting to have e-Underwriting on board. Launching the Property Owners product really strengthens our panel and ensures that we are well on our way to providing the most competitive and broker centric proposition in the market.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.