THB Risk Solutions is offering its brokers liability cover and contractors' all-risks protection via Construction UK.
The schemes specialist has augmented its portfolio with Construction UK, which is administered by WW Group. THB is aiming to build its Construction UK book to £5m-£10m by 2010.
THB managing director Andy Hawkes said: “One thing which sets us apart is our ability to provide a complete sales and marketing solution for product providers who have limited distribution capability. We were absolutely delighted when WW Group approached us to work with them to launch a new construction product. With minimum premiums starting at only £2,500 plus IPT this will provide a select number of our agents exclusive access to capacity for small to medium sized high risk contractors.”
The policy will feature full online quotation, certification and policy issuance.
Managing director of WW Group Nick Wright said: “We had developed a superb product but needed to accelerate our wholesale distribution strategy, and that's where THB came in. Within three months we have developed sales and marketing plan, entered into a three-year distribution agreement, developed marketing collateral and trained the THB team.”
