Three products added to broker quotation platform
Independent broker Moorhouse has added private motor, let property and a retailer’s product to its online broker quotation platform Xbroker.
The new private car product is underwritten by NIG and offers employers’ liability cover up to £10m, public liability up to £5m and a courtesy car. Trailer cover is also included.
The Norwich Union underwritten let property product is designed to meet the insurance needs of both residential and commercial property owners including financial institutions, property owning companies, property management companies, private individuals and residents’ associations.
It provides a choice of cover for specified contingencies and all risks and covers newly acquired or erected property for up to £2m. £500,000 cover is provided for alterations & improvements as well as protection for legal costs and expenses.
The retailers product, underwritten by Norwich Union, Zurich and NIG also provides a choice of cover and includes a seasonal increase of stock for any three months up to £500,000, goods in transit, cover for machinery or plant following damage and business travel for employer and employees.
Moorhouse chairman Lyndon Wood said: “We have continually developed Xbroker since it was developed in 2001 to ensure that it gives brokers the best functionality possible to make their lives easier. However, the system is only really as good as the products available on it and so we are working very hard to give our brokers access to the best and most comprehensive range of products available. The latest three products will be a very welcome addition to our portfolio.”
Xbroker now provides access to 15 products with a panel of 10 insurers to over 3,500 brokers. Several more product launches are planned over the coming months.