Groupama backs Evolution on liability

Evolution Underwriting has launched a fully autorated tradesman liability product, Trade Protector Plus, on its Stingray trading platform.

The new product is underwritten by Groupama Insurances.

Evolution’s Paul Upton said: “Because of Evolution’s single location expert underwriter model, this product allows brokers to transact directly with the same contacts that they do on all other classes of business.

"Our commitment to e-trading is absolute – we have built our entire business model around it, and using our platform to deliver high quality quote and buy offerings to our brokers passes on the benefit of that investment in technology.”

Dawn Dillaway, head of commercial underwriting at Groupama, added: “Evolution’s focus on regional independent brokers and commitment to the efficiency and quality of data management make them a perfect fit for us.

"Groupama is a leading player in the Tradesman’s sector with a product and capability that we see as market leading, and this deal opens that proposition up to a clearly defined broker base.”