Insurer heeds broker calls for revamped product

NIG has rolled out its essential property owners (EPO) product to all UK brokers after a six-month trial.

EPO is a more SME-focused version of NIG’s premium property owners policy.

It was made after brokers said SME firms often found it hard to get full cover.

The product was trialled for six months from January 2012 to members of the NIG First broker club.

EPO includes damage to buildings, loss of rent, property owners’ liability and engineering breakdown. It also has additional covers such as employers’ liability, legal expenses and financial loss.

NIG head of property owners Stewart Anderson said: “We have high expectations for the performance of the product.  In our view it fills an important gap in the SME market and completes the property portfolio at NIG.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.