Broker Network unveils first member only scheme

Broker Network, the UK’s leading network for independent insurance brokers, has launched its first member scheme; Unoccupied Property.

The scheme which is available to the Network’s Premier and Advantage members only, offers three levels of cover from FLEA to full perils. Quotations are exclusive to Network members and cover can be provided for unoccupied commercial or residential risks.

Backed by ProSight Specialty Underwriting, syndicate 1110 at Lloyds, the scheme is administered by Property Protector who has been a Broker Network member since 2002 and specialises in property insurance.

Commenting on the launch of the scheme, Adam Thomson, Broker Network Scheme Development Director, said: “We have piloted the scheme successfully over the past couple of months and it has already written a number of cases.

“This is the first in a number of exclusive schemes we plan to launch this year and unlike other Networks, we will use the expertise and experience of our members to administer them.

Sean Neal at Property Protector added: “Having the help of Broker Network meant we were able to secure competitive rates, a comprehensive wording and Lloyds rated capacity, unoccupied property is just the first of many property related schemes we are looking to develop with Broker Network.”