New product addition targeted at property owners with up to 10 commercial properties

PowerPlace CEO Nick Giddings

PowerPlace has announced the launch of Aviva Commercial Property Owners for small offices, shops, warehouses and residential element properties.

This is the second product from Aviva to go live on the online marketplace.

The new product addition is designed to meet the needs of property owners with a portfolio of up to 10 commercial properties.

It comes with a rebuilding sum insured of up to £2m per location. 

PowerPlace chief executive Nick Giddings said: “We are delighted with this latest addition from Aviva to our property owner’s stable. It allows us to offer brokers and their clients greater choice of products along with varying levels of cover to suit their exact needs. This latest release combined with the recent £1.7m investment we have made to make PowerPlace more robust and agile, truly gives brokers the complete one stop solution for commercial e-broking.”

Head of commercial online Aviva Robert Ledger said: “We’re delighted to launch our Commercial Property Owners product on PowerPlace. Brokers today want the option of trading in a variety of ways. Giving them access to our products on PowerPlace complements our own e-trading platform, Fast Trade, and gives them more choice in how they do business.”