Zurich adds modular core cover to SME commercial combined offering

Zurich UK has announced a set of updates to its SME eTrade commercial combined offering via both Zurich Online and the Acturis platform.

The update sees the enabling of modular core cover, which the firm said “introduces increased flexibility to meet customer needs, broadening Zurich’s underwriting appetite with dynamic underwriting acceptance providing up to 15 covers under one policy”.

It also said the changes allow brokers to build policies from several core covers “without having to structure policies to unlock additional sections of cover”. In addition, some 200 new trades are available for brokers to select from.

Zurich has also made changes to user journeys, including making quotes available without a broker needing to declare a client’s premises.

Control and flexibility

Nikki Lidster, head of SME trading at Zurich UK, said: “The enhancements made to our SME eTrade commercial combined offering are all about giving brokers more control and flexibility on how they trade with us, on whatever platform they choose to do so, whilst making sure that the trading experience is as simple and efficient as possible for brokers to access the right cover for their clients.

“For us, it was crucial to design a policy that our brokers could easily modify and work flexibly to meet the needs of their clients whilst not increasing the operational burden for our broker partners.

“By assessing risk at cover level and removing unnecessary friction from the user journey, we’re continuing to deliver on expanding our underwriting appetite whilst making it easier for brokers to place policies with confidence – knowing that their client needs are met.”