The firm’s mission is to ‘remove insurance complexity and deliver fair value in a digital age’, says chief commercial officer

Uinsure has launched a new insurance division to handle non-standard and commercial referrals, called Uinsure Specialist.

The insurtech is now working with a wide panel of insurers to ensure that clients with more specialist or complex insurance needs can access comprehensive and competitive products.

Its insurer panel includes Ageas, Covea, NIG, Zurich, RSA, Pen Underwriting, Q Underwriting, Midas, Prestige, Axa and Commercial Express.

Uinsure’s chief commercial officer Martin Schultheiss said: “We’ve been piloting Uinsure Specialist since December 2020 with a number of our key partners’ clients.

“Uinsure Specialist moves us further forward in our mission to remove insurance complexity and deliver fair value in a digital age.

“It’s a great example of how technology can help deliver much better experiences across a wider spectrum of insurance needs.”

Streamlining a complex process

A key focus for the new division will be to make sure that insurance risks which fall outside of Uinsure’s standard product range can be insured.

Properties undergoing building works, long-term unoccupancies and a wide variety of non-standard construction risks, for example, can now be referred by advisors through the Uinsure advisor platform.

Furthermore, commercial referrals for property portfolios, blocks of flats, commercial properties, as well as liability cover for self-employed individuals, shops, offices and a wide variety of SMEs can all now be serviced by the new team.

The insurtech’s specialist insurance director Sean Thompson will head up the new division.

Schulthiess continued: “Advising on complex insurance needs can, in its very nature, be a difficult process.

”Using our technology, we’re able to streamline this once complex process so even advisors [that] have clients with unusual or traditionally difficult insurance needs will benefit, because of the service Sean and his team can now offer.”

Thompson added: “By launching the new service, we’re able to harness Uinsure’s industry-leading technology to simplify the referral process and the client experience, while ensuring we develop strong panels and products that match the mix of referrals we receive.

“The 10-month pilot has allowed us [to] prove strong quotes and conversions and we’re now very much looking forward to supporting advisors in a wider capacity.”