"Prestige" aimed at policyholders who pay premiums in execess of £50,000

Norwich Union has launched a specially designed prestige package aimed at large property owners.

The product, known as prestige, is aimed at customers with property portfolios who pay premiums in excess of £50,000.

Mike Colmans, Norwich Union's underwriting manager, property owners segment, said: "Prestige is a bespoke package which is tailored to the needs of the property owner. Customers can benefit from a three-year rolling plan, providing them with ongoing support and advice from their dedicated Norwich Union contact."

Prestige includes a dedicated claims service providing a quarterly claims report, a specialist risk services team available by region, health and safety training, and a risk management programme including asset protection, legal liabilities and help with managing and reducing a client's carbon emissions.

Enhanced level of cover options are also available for prestige customers, such as special discounts on Norwich Union's Distinct High Net Worth cover for company directors, including home, motor and travel insurance.