New products join line-up
Intermediary-only insurer MMA Insurance announced the addition of its Shops product onto the Acturis broker platform as part of an ongoing growth in commercial lines business.
The product, which includes cover for buildings, stock, fixtures, business interruption and other retail associated risks, is the second MMA product collaboration with Acturis. MMA’s Master Tradesman Plus product was launched on the broker platform in April 2007. MMA Offices and Property Owners products will be added in the future.
Commenting on the addition of a second product on the Acturis system, Ian Page, MMA’s commercial underwriter, said: “We are committed to making it easier for brokers to do business with us and the Acturis platform enables us to deliver on this important part of our commercial lines distribution strategy.”
Luke Shepherd, Acturis, added: “MMA has delivered yet another electronic product which has had a great reception from Acturis users; we are delighted to continue to support their ongoing development in this area.”
The Acturis broker platform allows brokers to receive and bind quotes from MMA with minimal paperwork. Full policy documentation and the ability to renew cover electronically is also available via the system.