Qlaims signs multi-year contract with Prestige Underwriting

Qlaims has signed a multi-year contract that will see its insurance cover included in Prestige Underwriting’s Coverall household policy.

Qlaims’ insurance cover provides clients, who experience a loss, their own claims specialist to prepare and manage their property claims.

In a statement released yesterday (25 March 2023), the insurtech said Prestige Underwriting had selected to support customer claims above £25,000.

Qlaims said its insurance cover was ”most beneficial” on larger claims. 

Liz Latter, chief executive of Qlaims, said: “The goal of Qlaims is to manage claims efficiently and effectively, ensuring the correct outcome for clients. 

”Larger claims are often complex and involve a lot of people. 

”We restore balance in the claim process and support the client through what can be a difficult and stressful time”.

’Further value’

Prestige Underwriting specialises in providing non-standard home and motor insurance products.

Its Coverall product is distributed by a network of over 500 brokers and has more than 30,000 clients.

“The inclusion of Qlaims in its proposition reinforces its customer approach and the requirements of Consumer Duty sees Qlaims supporting good outcomes for customers whilst managing insurer claims costs,” a statement said.

Alison Williams, managing director of Prestige Underwriting, said: “We are delighted to add further value to our Coverall product by offering an additional layer of specialist support to policyholders when they need it most, at the point of claim.

“Experiencing a claim event can be overwhelming for many customers and we endeavour to support in every way we can to resolve a claim efficiently and successfully.

“Working in partnership with the specialist team at Qlaims will reinforce the support and assistance we can offer, adding value for our brokers and their policyholders.”