Alps, the MGA provider of insurance add-on policies, legal expenses, and claims solutions for intermediaries, has launched its new commercial excess protection.
The Alps commercial excess product allows brokers more flexibility when arranging commercial insurance for clients whilst helping businesses secure greater protection against their specific coverage needs.
By increasing an excess brokers can reduce the premium on the core commercial policy.
With limits from £250 to £2,500 the new product provides valuable peace of mind with lower total premium spend.
Underwritten by Collinson, its flexible underwriting approach combined with Alps’ broker distribution arm, ensures businesses can mitigate unexpected financial burdens and enhance business continuity and stability.
Michelle O’Reilly, managing director at Alpsd, said: “This is a fantastic new addition to our growing suite of highly responsive add-on policies.
“It has been designed to enhance standard commercial insurance cover, whilst lowering premiums, thereby allowing brokers to be even more competitive when securing the best possible protection for their commercial clients.
“This product is differentiated from others in the market in terms of both value and outcomes.
“It’s backed by a specialist MGA, and the assurance that comes with our award-winning technology and service.”
