UNA works with Amlin to develop new Broker Alliance Motor Trade policy

UNA, the organisation representing 12 of the largest independent regional insurance brokers across the UK, has launched the new ‘UNA Broker Alliance Motor Trade Policy’ wording exclusively for its broker members and their clients. Amlin, a leading insurance and reinsurance group, developed the wording of the policy which enables UNA members to work collaboratively with its insurer partners to develop superior and innovative products for the motor trade market.

Broker members will be able to utilise policy enhancements within the standard wording such as Loss of MOT licence with a £100k limit; statutory clean-up costs with a £10k limit; financial loss at a £250k limit; and loan/courtesy car cover. Also included is theft by keys and theft by deception. The new product includes a number of enhancements, extensions to cover and is immediately available to UNA broker members and their clients and, in turn, readily available for chains of prestige vehicle retailers, MOT stations, HGV, bus & coach sales and body shops.

Tim Ryan Executive Chairman at UNA comments: “UNA is working collaboratively with its partners to develop superior products some of which are sector specific to help the members differentiate their proposition. Amlin has been quick out if the blocks to deliver a motor traders’ combined product which gives us the edge. Their professionalism, tenacity and understanding of the broker members is superb and this will lead to success. This will be the first of many new and innovative products delivered by Amlin so we are in for some exciting times ahead.”

David Morris, Business Development Manager at Amlin, adds: “We are very keen to support UNA’s business strategy and by working closely with the Alliance we have successfully launched this product in a short timeframe. This demonstrates our agility as an insurer to be flexible and respond quickly to customers’ needs, whilst Amlin’s financial stability offers peace of mind to brokers and clients alike.”

Adrian Ferris of T L Dallas, a broker member of UNA, concludes: “Amlin is able to provide bespoke, exclusive and flexible covers through technical expertise, with knowledgeable underwriters able to adapt an already class leading policy wording to meet customer needs.”

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